Wednesday, 20 March, 2019

Nvidia set to acquire Mellanox Technologies for $6.9 billion

Nvidia, Intel, and Xilinx in rumored bidding contest for Mellanox Nvidia offers bid for Israeli chip firm Mellanox: report
Priscilla Morrison | 11 March, 2019, 20:27

Nvidia and Intel, as is usual for the companies, have refused to speculate on the sources' claims, but an announcement from the successful bidder is expected early this week.

Starting off the week bright and early, NVIDIA this morning announced that they're acquiring datacenter networking and interconnect Mellanox. Nvidia and Mellanox aren't strangers; they have previously worked together on several products including the likes of the Nvidia DGX-2, as well as the #1 and #2 USA supercomputers - Summit and Sierra.

As artificial intelligence workloads become the norm, Nvidia with Mellanox be more an architecture play.

Nvidia has been looking at boosting its data centre revenue for some time.

Israeli startup Mellanox, which has a market value of around $5.9 billion, is mostly focused on selling networking hardware based on the Ethernet and InfiniBand communications protocols used for servers and storage within data centers.

More news: Australia suspends two cryptocurrency exchanges

Post close, the transaction - for which Goldman Sachs served as financial advisor to Nvidia - is expected to be immediately accretive to Nvidia's non-GAAP gross margin, non-GAAP earnings per share and free cash flow, according to Nvidia.

In the press-statement about the acquisition Nvidia's Jensen Huang talked about how excited he was to be able to combine Nvidia's and Mellanox's talents and technologies to create holistic compute/networking architectures "to form a giant datacenter-scale compute engine".

"The deal will give Nvidia an even bigger market share in the data-center market", he said. "NVDA's computing platform and MLNX's interconnects will power over 250 of the world's Top 600 supercomputers, and the two companies have every CSP and computer market as customers".

Nvidia announced at the Consumer Electronics Show in Las Vegas in January an autopilot system for self-driving vehicles called Nvidia Drive. It will also foster the next generation of HPC and AI platforms for hyperscale and enterprise datacenters, as well as supercomputing centers.

Recommended

Confusion as DeSean Jackson says bye to team that hasn't cut him Confusion as DeSean Jackson says bye to team that hasn't cut him Laine and McManus reported that Jackson has told people close to him that he's interested in returning to Philadelphia. Former Eagles wide receiver DeSean Jackson has a reason to be interested in his first National Football League team.

Jaguars cut Jackson, Hyde, Gipson to open cap space Jaguars cut Jackson, Hyde, Gipson to open cap space He returned in 2018, but five games into the campaign, Tinker suffered another knee injury and missed the remainder of the season. He played behind TJ Yeldon and Leonard Fournette and was never really able to find his niche.

The Prodigy singer Keith Flint's cause of death is confirmed The Prodigy singer Keith Flint's cause of death is confirmed Now, an inquest has heard the Keith sadly died by suicide. "The body can be released, a mention will be required on April 15". Liam Howlett took to Instagram to post a throwback picture of himself with the star, who was found dead , aged 49, on Monday.

Over 350K Apex Legends cheaters banned, Respawn working on PC crashes Over 350K Apex Legends cheaters banned, Respawn working on PC crashes We take cheating very seriously and care deeply about the health of Apex Legends for all players. While this is impressive in and of itself, Frechette also said that it is only the beginning.

Venezuela enters fourth day of blackout, Maduro blames U.S. Venezuela enters fourth day of blackout, Maduro blames U.S. Hospitals with back-up generators were using them for emergency services, leaving patients to cope in the dark. "Everything dark. Guaido has called for more street protests on Monday to pressure Maduro to step down, following up on Saturday's rally.

Baghuz: Final assault on Isis town after jihadist families flee Baghuz: Final assault on Isis town after jihadist families flee Hundreds of IS fighters have also surrendered, but the SDF believes the most hardened foreign jihadists are still inside. The SDF has said it wants to make sure all civilians are out of the enclave before launching its final assault.

Captain Marvel' rockets to a record-breaking $153M debut Captain Marvel' rockets to a record-breaking $153M debut Captain Marvel has already sky rocketed up the box office charts. "And I think you see that in the broadening of their fan base". It has performed a lot better than new Tamil movies in the capital city of Tamil Nadu. 'You see that in their track record.

Britain will not accept Brexit deal that puts union at risk: Lewis Britain will not accept Brexit deal that puts union at risk: Lewis Lawmakers would then vote on Wednesday or Thursday on whether to postpone Brexit, which might be the only choice at that point. May is hoping her revised Brexit deal will be voted through by parliament after her crushing defeat by 230 votes in January.

Here's Google's Gaming Stream Console Controller For Expected Reveal At GDC Here's Google's Gaming Stream Console Controller For Expected Reveal At GDC Highly anticipated: Google is expected to announce its gaming console at the Game Developers Conference on March 19th. We've got two joysticks, a D-pad, four buttons and buttons on the shoulder of the controller as well.

Star-studded wedding for India's Ambani scion, World News & Top Stories Star-studded wedding for India's Ambani scion, World News & Top Stories The childhood sweethearts - Akash Ambani and Shloka Mehta - tied a knot in a lavish ceremony on March 9 at Jio World Centre. Photos on social media showed elaborate floral decorations and celebrities posing on a lawn before the wedding.

Danny Amendola Released By Dolphins Danny Amendola Released By Dolphins Danny Amendola is on his way to the open market, and New England Patriots fans couldn't be more excited about a potential reunion. Despite former Patriots assistants Brian Flores and Chad O'Shea coming to town, the 33-year-old slot receiver has been released.

Newcastle United vs. Everton - Football Match Report Newcastle United vs. Everton - Football Match Report Perez said: "The celebration in the corner was really something that I won't forget". "First, we have to look to ourselves". The link between Ayoze Perez and Salomon Rondon , if Messi was doing that everybody would be talking about the goal.

Tesla to raise vehicle prices, keep more stores open Tesla to raise vehicle prices, keep more stores open The company said that the 10% of stores it had recently closed weren't performing and would've been closed anyway. Tesla says the move will allow it to keep open more of its Tesla stores than previously planned.

Newlywed Siddharth Kaul hosts Virat Kohli & Co. at his residence for dinner Newlywed Siddharth Kaul hosts Virat Kohli & Co. at his residence for dinner Virat Kohli , during the toss in Ranchi ODI, had expected dew to play a huge factor in the second innings under the lights. Turner finished in style, stepping up superbly when Australia required 88 from 53 balls following Handscomb's dismissal.

Captain Marvel in Clifton: superhero star surprised NJ movie fans Captain Marvel in Clifton: superhero star surprised NJ movie fans Sony Pictures' A Dog's Way Home ranked second, fetching $880,000 in its second weekend, easing by 31 per cent. Academy Award best-picture victor " Green Book " continued to see one of the largest Oscar bumps in years.