NVIDIA completes US$7b Mellanox acquisition

Signed, sealed and delivered: US$7 billion acqusition

Ten days after it received approval from China’s State Administration for Market Regulation, NVIDIA has completed its US$7 billion acquisition of Mellanox Technologies.

The acquisition combines NVIDIA’s leading computing expertise with Mellanox’s high-performance networking technology, enabling customers to achieve higher performance, greater utilisation of computing resources and lower operating costs.

“With Mellanox, the new NVIDIA has end-to-end technologies from AI computing to networking, full-stack offerings from processors to software, and significant scale to advance next-generation data centres. Our combined expertise, supported by a rich ecosystem of partners, will meet the challenge of surging global demand for consumer internet services, and the application of AI and accelerated data science from cloud to edge to robotics,” said Jensen Huang, Founder and CEO of NVIDIA.

“We look forward to bringing NVIDIA products and solutions into our markets, and to bringing Mellanox products and solutions into NVIDIA’s markets. Together, our technologies will provide leading solutions into compute and storage platforms wherever they are required,” said Eyal Waldman, Founder and CEO of Mellanox.