Nvidia outbids Intel to buy Israel's Mellanox in data center push

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US$6.8 billion bid seals transaction.

Nvidia outbids Intel to buy Israel's Mellanox in data center push
US chipmaker Nvidia Corp said on Monday it will buy Israeli chip designer Mellanox Technologies Ltd for US$6.8 billion, beating rival Intel Corp in a deal that would help the company boost its data center business. The all-cash offer of US$125 per share represents a premium of 14 percent to ...

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