Summary:
NVIDIA confirmed that it has purchased Israeli chip-maker Mellanox for $6.9 billion, its largest acquisition to date. The bid, rumored for several days, trumped a $6 billion offer made by Intel several months ago. It will reportedly help NVIDIA better compete in the server market, which accounts for about a third of its sales.
Mellanox primarily manufactures chips that power high-speed ethernet and InfiniBand networks that connect servers. Such products are used in data centers cloud and storage, as well as for high-performance supercomputers used for AI and other types of data-intensive computing.
Qualified Participants Must:
• NVIDIA confirmed that it has purchased Israeli chip-maker Mellanox for $6.9 billion, its largest acquisition to date. The bid, rumored for several days, trumped a $6 billion offer made by Intel several months ago. It will reportedly help NVIDIA better compete in the server market, which accounts for about a third of its sales.
Mellanox primarily manufactures chips that power high-speed ethernet and InfiniBand networks that connect servers. Such products are used in data centers cloud and storage, as well as for high-performance supercomputers used for AI and other types of data-intensive computing.
Qualified Participants May Receive:
NVIDIA confirmed that it has purchased Israeli chip-maker Mellanox for $6.9 billion, its largest acquisition to date. The bid, rumored for several days, trumped a $6 billion offer made by Intel several months ago. It will reportedly help NVIDIA better compete in the server market, which accounts for about a third of its sales.
Mellanox primarily manufactures chips that power high-speed ethernet and InfiniBand networks that connect servers. Such products are used in data centers cloud and storage, as well as for high-performance supercomputers used for AI and other types of data-intensive computing.