Nvidia Nears Deal for Data Center Tech Firm MellanoxMore

(Bloomberg) — Nvidia Corp. is nearing an agreement to buy Israeli chipmaker Mellanox Technologies, which would help it gain technology used to speed the flow of information around data centers, people familiar with the matter said.

The sale of Mellanox, which has a market value of about $5.9 billion, could be announced as soon as Monday, the people said, asking not to be identified because the deliberations are private. Nvidia is the leading bidder ahead of rivals including Intel Corp., though no final decision has been made and the outcome could still change,

Read More At Article Source | Article Attribution