Start United States USA — IT NVIDIA Reportedly Offers Over $6 Billion for Chip Company Mellanox

NVIDIA Reportedly Offers Over $6 Billion for Chip Company Mellanox

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Calcalist reported their inside sources heard that NVIDIA had offered well over $6 billion for interconnect chip maker Mellanox.
Calcalist reported their inside sources heard that NVIDIA had offered well over $6 billion for interconnect chip maker Mellanox.
Mellanox Technologies Inc.(NASDAQ:MLNX) is a networking company specializing in fast interconnects for datacenters. Their focus on datacenter networking uses various technologies including Ethernet, InfiniBand/VPI to Multi-Host depending on customer requirements. While normal consumers might now know them well, last fiscal year they generated over $1 bn in revenue across their enterprise networking business. As high-performance workloads have become more parallel, the need for increasingly faster interconnects between servers has been required, and as such Mellanox revenue and stock has risen accordingly. Mellanox has headquarters in the United States and Israel, with the overwhelming majority of their 2700 employees at their Israeli facility.

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