Nvidia is buying Mellanox Technologies in a $6.9 billion deal (NVDA)
Nvidia has agreed to buy the chipmaker Mellanox Technologies in a $6.9 billion all-cash deal that will help it expand into the market for data-center components.
The deal will pay Mellanox shareholders $125 a share—a 14.3% premium to Friday's closing price.
"We’re excited to unite NVIDIA’s accelerated computing platform with Mellanox’s world-renowned accelerated networking platform under one roof to create next-generation datacenter-scale computing solutions," Nvidia founder and CEO Jensen Huang said in the press release.
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Nvidia is buying Mellanox Technologies in a $6.9 billion deal (NVDA)
Reviewed by mimisabreena
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Monday, March 11, 2019
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Reviewed by mimisabreena
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Monday, March 11, 2019
Rating:
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