Home General News Mellanox reportedly gets acquired by Nvidia after outbidding Intel  

Mellanox reportedly gets acquired by Nvidia after outbidding Intel  

Nvidia, an American graphics card maker, is reportedly acquiring Mellanox, an Israeli chipmaker for more than $7bn in cash.

According to Reuters, Nvidia outbid Intel’s $6bn offer and the deal could close as early as Monday.

Intel had made a $6bn offer to the company a few months ago and put itself on sale again in October last year and received attention from Xilinx, a US-based supplier of programmable logic devices and Microsoft.

This deal would be the graphics card makers largest acquisition ever. Mellanox is best known for its networking technology and high-performance computing. It also makes adapters, chips, and switches for InfiniBand and Ethernet network devices. The acquisition would give Nvidia’s data center business a much need boost.

The data center business accounts for one-third of Nvidia’s sales and reduced its dependence on the GPU sales and gaming market.

 

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Joel Picardo
Joel Picardo has been in the startup space for the last 5 years and has worked with startups in the cryptocurrency and digital marketing industry. He founded GeekyMint along with his co-founder SafdarAli with a mission to provide well-reseached articles in the cryptocurrency, finance, technology, blockchain, software, and startup sector

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