Nvidia acquires networking specialist Mellanox

Nvidia offers bid for Israeli chip firm Mellanox: report

Nvidia offers bid for Israeli chip firm Mellanox: report

Mellanox shares are traded on the Nasdaq at a company valuation of $5.9 billion, after the share surged 51% in the past 12 months amid speculation of an acquisition and as the firm reported record revenues in 2018.

"It's hard to not think Nvidia is just buying some revenue to help its case" in the data centre space, said Jason Carolan, chief innovation officer of Flexential, which operates data centres for big businesses and is a Nvidia customer.

Mellanox had 2,330 full-time employees and 116 part-time employees as of the end of previous year, according to a filing with the U.S. Securities and Exchange Commission. Mellanox was arguably well positioned to take advantage of this growth before being acquired, and those benefits will flow to Nvidia now. The company's founder built a multi-billion-dollar business in under three years by persuading owners of data centers that his graphics chips are the right solution for processing the increasingly large amounts of information needed for artificial intelligence work, such as image recognition.

Its technology transfers data at high speeds within and between the data centres, which are increasingly in demand due to the rise of cloud computing services in which companies rent server space from Amazon, Microsoft and others.

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NVIDIA's interest in Mellanox stemmed from its pioneering InfiniBand interconnect technology, used in many supercomputers and hyperscale datacenters. 'Addressing this demand will require holistic architectures that connect vast numbers of fast computing nodes over intelligent networking fabrics to form a giant data centre-scale compute engine.

FILE PHOTO - The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. Xilinx is also a fabless semiconductor company that is apparently interested in snatching up its fellow chipmaker.

Nvidia is set to acquire data center chipmaker Mellanox for around $7bn after reportedly outbidding Intel, accounts have claimed.

Add it up and Nvidia with Mellanox can better optimize systems.

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