NVIDIA completes acquisition of Mellanox

NVIDIA today announced it has completed its $7 billion acquisition of Mellanox Technologies. This deal, announced on March 11, 2019, brings together two global giants in the field of high-performance and data center computing. NVIDIA's computing expertise, combined with Mellanox's advanced networking technologies, will enable customers to improve performance and compute efficiency while reducing operational costs.

“The increasing use of AI and data analytics is changing the way we approach computing and data center architectures,” said Jensen Huang, founder and CEO of NVIDIA. - With the acquisition of Mellanox, NVIDIA now has a full range of technologies - from computing to networking, from processors to software, as well as scalability capabilities to create a new generation of data centers. Our combined expertise and support from ecosystem partners will help meet existing demand for consumer Internet services, as well as implement AI algorithms and accelerate data in the cloud in the field of robotics.”

Eyal Waldman, founder and CEO of Mellanox, said: “This is a powerful, interconnected combination of cultures, technologies and ambitions. We are excited about many future opportunities. As Mellanox enters an exciting new phase of its development, we will continue to offer leading solutions and innovative products to our customers and partners. We look forward to bringing NVIDIA products and solutions to our markets and Mellanox products and solutions to NVIDIA markets. Together, our technologies will provide the foundation for the best computing and storage platforms, wherever they are needed.”