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Hi-Tech / Program

Not Intel. The company buys Mellanox Nvidia

IXBT.com fresh news all the sections together 11.03.2019 at 14:25

IXBT.com (http://www.ixbt.com) — specialized Russian information-analytical server, covering the hardware of personal computers, communications and servers, 3D graphics and audio, digital photo and video, Hi-Fi equipment and projectors, mobile phones and peripherals, gaming applications and more.

Morning Confirming information, Nvidia and Mellanox announced the achievement of a final agreement under which Mellanox will acquire Nvidia. In accordance with the agreement, Nvidia will acquire all of the issued and outstanding common shares of Mellanox for $ 125 per share. This price corresponds to a total cost of about 6.9 billion dollars. We will remind, in January it became known that Intel is trying to buy the company Mellanox for $ 6 billion.

Nvidia and Mellanox have a long history of collaboration and joint innovation. In a press release on the deal said that the acquisition "will bring together two leading companies in high performance computing". It is known that computing platform, Nvidia and Mellanox connection it is possible to meet more than half of the supercomputers from the TOP500 list.

the requirements of the workloads in the field of artificial intelligence, scientific computing and data analysis are growing exponentially; however, the reserves of increasing the performance of processors is exhausted — according to Nvidia, the effect of Moore's law ended. The need to further increase the productivity of the systems increases the interest in accelerators on Nvidia and intelligent network solutions Mellanox.

note that the transaction will not affect the sales of Mellanox products and customer support.

Nvidia intends to Finance the acquisition with its own funds. In this earlier program announced return of capital for the remainder of fiscal 2020 remains in force. The transaction has been approved by the boards of Directors of both companies and is expected to be closed by the end of this calendar year. Of course, subject to the approval of regulators and shareholders of Mellanox.

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