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NVIDIA rumored to acquire Mellanox for $7 billion

NVIDIA eyeing off Mellanox would supercharge its datacenter business.

@anthony256
Published Sun, Mar 10 2019 6:35 PM CDT   |   Updated Tue, Nov 3 2020 11:49 AM CST

NVIDIA is reportedly eying off an acquisition of Mellanox for a huge $7 billion, according top sources familiar with the matter reports Reuters.

NVIDIA rumored to acquire Mellanox for $7 billion | TweakTown.com

The purported $7 billion acquisition of Mellanox would be NVIDIA's largest acquisition ever, and would see the GPU giant bolster its business of making various chips for the datacenter. NVIDIA wasn't the only one with its name in the acquisition hat with Intel being outbid by the GPU giant in its quest to acquire Mellanox.

Mellanox is based in both the US and Israel where it makes high-speed network connecting servers, with a market cap at the end of trading on Friday of around $5.9 billion. We should expect this deal to cement in this week, leading directly into NVIDIA's biggest event of the year: the GPU Technology Conference, or GTC.

NEWS SOURCE:cnbc.com

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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