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Chipmaker Nvidia Corp is nearing a deal to acquire peer Mellanox Technologies Ltd for more than $7 billion in cash, a person familiar with the matter said on Sunday. The deal would be Nvidia’s ...
The all-cash offer of $125 per share represents a premium of 14 percent to Mellanox's closing price on Friday. Mellanox shares rose 8.2 percent to $118.35 and Nvidia shares gained 7 percent to ...
Shares slid after China's State Administration for Market Regulation said it was looking into Nvidia's acquisition of Mellanox, a chip design firm Nvidia purchased for $6.9 billion in 2019.
In February 2016, Mellanox acquired publicly held EZchip Semiconductor, a provider of network processors and multi-core processors from EZchip's earlier acquisition of Tilera. [24] In 2016, Mellanox Technologies began to employ programmers in the Gaza Strip, in addition to its team of Israeli Arab programmers and programmers in Ramallah and ...
Nvidia BlueField is a line of data processing units (DPUs) designed and produced by Nvidia. Initially developed by Mellanox Technologies, the BlueField IP was acquired by Nvidia in March 2019, when Nvidia acquired Mellanox Technologies for US$6.9 billion. [1] The first Nvidia produced BlueField cards, named BlueField-2, were shipped for review ...
Nvidia Corporation (NASDAQ: NVDA) chief executive officer Jensen Huang on Monday told CNBC that the company's acquisition of Mellanox Technologies Ltd. (NASDAQ: MLNX) is a "homerun deal."What ...
The consolidation wave in the semiconductor space continues. The latest deal was announced today, with Nvidia (NASDAQ:NVDA) agreeing to shell out nearly $7 billion for Mellanox Technologies ...
Nvidia (NVDA) shares jumped over 5% in morning trading Monday after the company announced that it will acquire Mellanox (MLNX) as it tries to expand its data center business in the cloud computing ...