Business News: NVIDIA to Acquire Mellanox for $6.9 Billion

Business News: NVIDIA to Acquire Mellanox for $6.9 Billion

Unites leaders in processing and interconnect for the high performance computing market
Builds on the companies’ long history of collaboration and joint innovation
Expected to be accretive to NVIDIA’s non-GAAP gross margin, non-GAAP EPS and free cash flow immediately after close

SANTA CLARA, CA and YOKNEAM, Israel (STL.News) – NVIDIA and Mellanox today announced that the companies have reached a definitive agreement under which NVIDIA will acquire Mellanox.  Pursuant to the agreement, NVIDIA will acquire all of the issued and outstanding common shares of Mellanox for $125 per share in cash, representing a total enterprise value of approximately $6.9 billion. 

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