Monday, March 11, 2019

NVIDIA Acquires Mellanox For $6.9 Billion

Santa Clara-based NVIDIA said on Monday morning that it has acquired chip maker Mellanox, in a $6.9 billion deal. Mellanox makes chipsets used for high performance computing (HPC) interconnects. According to NVIDIA, it will pay $125 per share in cash for Mellanox. Both NVIDIA and Mellanox make hardware which is used for HPC systems, particularly in the supercomputer, scientific computing, data anlytics, and related areas. NVIDIA specifically said the move will help it as computing demand is surging, yet where CPU performance advances are slowing because "Moore's law has ended."