Update | Nvidia, Intel, and Xilinx in rumored bidding contest for Mellanox
Working For Notebookcheck
Are you a techie who knows how to write? Then join our Team! English native speakers welcome!
News Writer - Details here
Second update March 11: Nvidia has now confirmed the acquisition of Mellanox for US$6.9 billion.
Update March 11: It's believed Nvidia has sealed the deal to acquire Mellanox for more than US$7 billion in cash. The graphics card manufacturer is expected to confirm the details soon.
A report on the technology website for the Israeli daily newspaper Calcalist claims that Nvidia has shown a firm interest in acquiring Mellanox Technologies. Intel is believed to have already made a bid for the Israeli company, apparently offering US$6 billion for the network specialist.
Further reports have suggested that Nvidia would be willing to pay 10% on top of Intel’s current bid, meaning the Santa Clara-based GPU-maker could be considering paying up to US$6.6 billion for Mellanox. The latter company made over US$1 billion in revenue in 2018, with US$290 million of that coming in the fourth quarter.
Another American tech company is reported to be in the mix for Mellanox. Xilinx is also a fabless semiconductor company that is apparently interested in snatching up its fellow chipmaker. Both Intel and Nvidia already have business operations in Israel, so it would make sense for either rival to acquire a firm that could easily align with their current development programs. Unsurprisingly, none of the companies rumored to be involved are publicly discussing negotiations.