Today's Hard|Forum Post
Today's Hard|Forum Post

Monday March 11, 2019

NVIDIA Acquires Mellanox for $6.9 Billion

NVIDIA has reached a definitive agreement to acquire Mellanox for $6.9 billion. NVIDIA will acquire all of the issued and outstanding common shares of Mellanox for $125 per share in cash. NVIDIA and Mellanox are both known as high performance computing (HPC) industry leaders and their products are found in over 250 of the world's TOP500 supercomputers and every major cloud service provider. Mellanox is known for its high-performance interconnect technology called Infiniband and high-speed Ethernet products. "We share the same vision for accelerated computing as NVIDIA," said Eyal Waldman, founder and CEO of Mellanox. "Combining our two companies comes as a natural extension of our longstanding partnership and is a great fit given our common performance-driven cultures. This combination will foster the creation of powerful technology and fantastic opportunities for our people."

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"The emergence of AI and data science, as well as billions of simultaneous computer users, is fueling skyrocketing demand on the world's datacenters," said Jensen Huang, founder and CEO of NVIDIA. "Addressing this demand will require holistic architectures that connect vast numbers of fast computing nodes over intelligent networking fabrics to form a giant datacenter-scale compute engine. "We're excited to unite NVIDIA's accelerated computing platform with Mellanox's world-renowned accelerated networking platform under one roof to create next-generation datacenter-scale computing solutions. I am particularly thrilled to work closely with the visionary leaders of Mellanox and their amazing people to invent the computers of tomorrow."

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