Digital Engineering 24/7

Helping design and engineering professionals discover, evaluate and specify technologies and processes that shorten the design cycle and enable success.

NVIDIA Completes Acquisition of Mellanox

Combined company provides expertise in compute and networking technologies for high-performance computing.

Latest Engineering Computing News

Latest Engineering Computing Resources

By DE Editors  

April 27, 2020

NVIDIA has announced the completion of its acquisition of Mellanox Technologies, Ltd., for a transaction value of $7 billion.

The acquisition, initially announced on March 11, 2019, unites two of the leading companies in high performance and data center computing. Combining NVIDIA’s computing expertise with Mellanox’s high-performance networking technology, the move will enable customers to achieve higher performance, greater use of computing resources and lower operating costs.

“The expanding use of AI and data science is reshaping computing and data center architectures,” says Jensen Huang, founder and CEO of NVIDIA. “With Mellanox, the new NVIDIA has end-to-end technologies from AI computing to networking, full-stack offerings from processors to software, and significant scale to advance next-generation data centers. Our combined expertise, supported by a rich ecosystem of partners, will meet the challenge of surging global demand for consumer internet services, and the application of AI and accelerated data science from cloud to edge to robotics.”

“This is a powerful, complementary combination of cultures, technology and ambitions," says Eyal Waldman, founder and CEO of Mellanox. "Our people are enormously enthusiastic about the many opportunities ahead. As Mellanox steps into the next exciting phase of its journey, we will continue to offer cutting-edge solutions and innovative products to our customers and partners. We look forward to bringing NVIDIA products and solutions into our markets, and to bringing Mellanox products and solutions into NVIDIA’s markets. Together, our technologies will provide leading solutions into compute and storage platforms wherever they are required.”

The acquisition is expected to be immediately accretive to NVIDIA’s non-GAAP gross margin, non-GAAP EPS and free cash flow, inclusive of incremental interest expense related to NVIDIA’s recent issuance of $5 billion of notes.

Sources: Press materials received from the company and additional information gleaned from the company’s website.

 

More about NVIDIA

Since its founding in 1993, NVIDIA (NASDAQ: NVDA) has been a pioneer in accelerated computing. The company’s invention of the GPU in 1999 sparked the growth of the PC gaming market, redefined computer graphics, ignited the era of modern AI and…

Cut Retrieval-Augmented Generation (RAG) Hallucinations by 50%

Most teams hit the same wall with enterprise AI: LLMs that hallucinate, pipelines that don’t scale, and infrastructure that’s harder to design than the models themselves.

Latest in NVIDIA

Latest in NVIDIA

About DE Editors

DE Editors

DE's editors contribute news and new product announcements to Digital Engineering. Press releases may be sent to them via [email protected].

Follow DE
on Facebook
on Linkedin

Related Topics

Engineering Computing   HPC   News   Acquisition   Engineering Computing   Mellanox Technologies   NVIDIA   All topics
 

Subscribe

Subscribe to our FREE magazine, FREE email newsletters or both!

Join over 90,000 engineering professionals who get fresh engineering news as soon as it is published.

Subscribe today

 
 

From our Sponsors

Meltio Takes Metal Additive to the Next Level
Meltio's DED technology enables industries to tailor and customize their solutions to create & repair metal parts.
Easing the Transition from ETO to CTO with Configuration Lifecycle Management
Manufacturers are discovering that the Configure-to-Order (CTO) model provides significant benefits when it comes to customization.
Siemens + Altair = The Next Chapter in Design and Simulation
With its acquisition of Altair, Siemens creates a unified simulation portfolio combining generative design with high-performance computing and AI workflows.