Big Law

Nvidia to buy Israel’s Mellanox for $6.8 billion

U.S. chipmaker Nvidia will buy Israeli chip designer Mellanox Technologies for $6.8 billion, beating rival Intel in a deal that would help the company boost its data center business.

“The data center has become the most important computer in the world,” Nvidia CEO Jensen Huang told CNBC’s “Squawk Alley” Monday. “The thing that’s really exciting is that the computer no longer starts and ends at the server. The computer in the future would extend into the network. … And what we want to do is, we want to extend our computing reach from the server, where we are today, out to the entire data center.”

Read the source article at CNBC

Back to top button