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NVIDIA buys high-performance chip-maker Mellanox for $6.9 billion

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NVIDIA confirmed that it has purchased Israeli chip-maker Mellanox for $6.9 billion, its largest acquisition to date. The bid, rumored for several days, trumped a $6 billion offer made by Intel several months ago. It will reportedly help NVIDIA better compete in the server market, which accounts for about a third of its sales.

Read more: https://www.engadget.com/2019/03/11/nvidia-acquisition-mellanox/?utm_campaign=homepage&utm_medium=internal&utm_source=dl

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