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NVIDIA completes $7 billion acquisition of Mellanox Technologies

Tuesday, April 28, 2020

NVIDIA has announced the completion of its $7 billion acquisition of Mellanox Technologies.

The acquisition brings together two of the world’s leading companies in high performance and data centre computing, combining NVIDIA’s computing expertise with Mellanox’s high-performance networking technology.

“The expanding use of AI and data science is reshaping computing and data centre architectures,” said Jensen Huang, founder and CEO of NVIDIA. “With Mellanox, 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.”

Eyal Waldman, founder and CEO of Mellanox, added, “This is a powerful, complementary combination of cultures, technology and ambitions. As Mellanox steps into this next exciting phase of its journey, we will continue to offer cutting-edge solutions and innovative products to our customers and partners. 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.”

By: DocMemory
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