iTnews

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

By Sayanti Chakraborty on Mar 12, 2019 7:02AM
Nvidia outbids Intel to buy Israel's Mellanox in data center push

US$6.8 billion bid seals transaction.

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 ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Already have an account? Log in to read this article.

Got a news tip for our journalists? Share it with us anonymously here.
Copyright Reuters
© 2019 Thomson Reuters. Click for Restrictions.
Tags:
cloud hardware intel mellanox nvidia

Partner Content

Improving returns from SD-WAN spending
Partner Content Improving returns from SD-WAN spending
Resetting cyber security for the new threat landscape
Partner Content Resetting cyber security for the new threat landscape
Preventing cybercrime in the world of forex trading
Promoted Content Preventing cybercrime in the world of forex trading
Why companies fail at picking cloud modernisation partners
Promoted Content Why companies fail at picking cloud modernisation partners

Sponsored Whitepapers

Encryption: Protect your most critical data
Encryption: Protect your most critical data
Overcoming data security challenges in a hybrid, multicloud world
Overcoming data security challenges in a hybrid, multicloud world
Move beyond passwords
Move beyond passwords
The top 5 tech trends to deliver business outcomes
The top 5 tech trends to deliver business outcomes
10 reasons why businesses need to invest in cloud security training
10 reasons why businesses need to invest in cloud security training

Events

  • On-Demand Webinar: How Poly and Microsoft are Embracing Future Work Environments
By Sayanti Chakraborty
Mar 12 2019
7:02AM
0 Comments

Related Articles

  • Intel's Habana starts to chip away at Nvidia in cloud
  • NSW Police green-lights Mark43 for $1bn COPS overhaul
  • Intel unveils new data center processor, 5G chip
  • Fitch blames data centre market “death” hype on lumpy hyperscale builds, coin kit fire sales
Share on Twitter Share on Facebook Share on LinkedIn Share on Whatsapp Email A Friend

Most Read Articles

TPG Telecom to start enticing NBN customers to move

TPG Telecom to start enticing NBN customers to move
Infosys scores another $40m for Centrelink payments engine build

Infosys scores another $40m for Centrelink payments engine build
Telstra InfraCo opens up telco's own fibre network

Telstra InfraCo opens up telco's own fibre network
Transport for NSW data stolen in Accellion breach

Transport for NSW data stolen in Accellion breach
You must be a registered member of iTnews to post a comment.
Log In | Register
All rights reserved. This material may not be published, broadcast, rewritten or redistributed in any form without prior authorisation.
Your use of this website constitutes acceptance of nextmedia's Privacy Policy and Terms & Conditions.