NVIDIA Purchased Mellanox For $6.9 Billion

This week, NVIDIA purchased Mellanox, an Israeli high-performance chip-maker, for $6.9 billion in cash. Beating Intel’s $6 billion initial offer months ago.

The acquisition will help NVIDIA better compete in the server market by expanding in AI and cloud computing areas. Mellanox primarily manufactures chips that power high-speed ethernet and InfiniBand networks which connects servers, used in “over half of the world’s fastest supercomputers.”

Image Source: WSJ

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NVIDIA Purchased Mellanox For $6.9 Billion

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