Nvidia to buy Israeli chipmaker Mellanox for $6.9bn in data centre push

By Laura Mullan
Nvidia Corporation has announced that it will acquire Israeli chip designer Mellanox Technologies in a deal worth around $6.9bn. Mellanox makes chips a...

Nvidia Corporation has announced that it will acquire Israeli chip designer Mellanox Technologies in a deal worth around $6.9bn.

Mellanox makes chips and other hardware for data centre servers that power cloud computing.

The deal is Nvidia’s biggest-ever acquisition and is expected to boost its business of making chips for data centres.

SEE ALSO:

In a statement, the companies said that the deal will “unite two of the world’s leading companies in high performance computing (HPC)”.

“We share the same vision for accelerated computing as Nvidia,” said Eyal Waldman, founder and CEO of Mellanox.

“Combining our two companies comes as a natural extension of our longstanding partnership and is a great fit given our common performance-driven cultures. This combination will foster the creation of powerful technology and fantastic opportunities for our people.”

Today, Nvidia’s computing platform and Mellanox’s interconnects power over 250 of the world’s TOP50) supercomputers.

“The emergence of AI and data science, as well as billions of simultaneous computer users, is fueling skyrocketing demand on the world’s datacenters,” said Jensen Huang, founder and CEO of Nvidia.

“Addressing this demand will require holistic architectures that connect vast numbers of fast computing nodes over intelligent networking fabrics to form a giant datacenter-scale compute engine.

“We’re excited to unite Nvidia's accelerated computing platform with Mellanox’s world-renowned accelerated networking platform under one roof to create next-generation datacenter-scale computing solutions. I am particularly thrilled to work closely with the visionary leaders of Mellanox and their amazing people to invent the computers of tomorrow.”

Following the acquisition, NVIDIA plans to invest in local excellent and talent in Israel.

Share

Featured Articles

Google Identifying Next-Gen of Football Talent Through AI

Google has teamed up with the English Football Association to use AI to analyse its scout reports for greater insight and analysis

Tech & AI LIVE London – One Day to Go

Just one more day to go, don’t miss out on your chance to attend Tech & AI LIVE London – 21 May 2024

How Zscaler AI Innovation is Powering Data Protection

With its AI-powered Data Protection Platform, Zscaler is delivering cutting-edge innovations to provide comprehensive data security

How NetApp Unified Data Storage is Powering the AI Era

Data & Data Analytics

Tech & AI LIVE London – One Week to Go

Digital Transformation

What Adam Selpisky’s Shock Departure Means for AWS

Digital Transformation