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NVIDIA rumored to acquire Mellanox for $7 billion

NVIDIA eyeing off Mellanox would supercharge its datacenter business

By Anthony Garreffa on Mar 10, 2019 06:35 pm CDT - 0 mins, 39 secs reading time

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.

Anthony Garreffa

ABOUT THE AUTHOR - Anthony Garreffa

Anthony is a long time PC enthusiast with a passion of hate for games to be built around consoles. With 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 high-end, custom-built PCs. His addiction to GPU technology is unwavering, and with next-gen NVIDIA GPUs about to launch alongside 4K 144Hz HDR G-Sync gaming monitors and BFGDs (65-inch 4K 120Hz HDR G-Sync TVs) there has never been a time to be more excited about technology.

NEWS SOURCE:cnbc.com

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