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| NVIDIA acquires MELLANOX in a $ 7 billion deal |
NVIDIA today officially announced that it has completed a $ 7 billion Mellanox Technologies purchase.
Mellanox Technologies is known for developing high performance networking technologies. NVIDIA now controls this technology through an acquisition launched by the company on March 11, 2019. The deal was closed today to assist NVIDIA in distributing the company. Provide superior performance, reduce production costs and use IT resources more efficiently.
The combination of NVIDIA and Mellanox Technologies is designed to integrate the high-performance networking technology known to Mellanox into NVIDIA's IT experience to achieve the company's highest performance. Jensen Huang, founder and CEO of NVIDIA, said the company can acquire artificial intelligence in networks, processing units and software.
On the other hand, Eyal Waldman, CEO of Mellanox, stressed that the new group will provide many opportunities for NVIDIA market innovations and the improvement of Mellanox technology and products, while providing innovative technology solutions on the IT platform.
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