Home Nvidia buys Mellanox for USD 6.9 bln
 

Keywords :   


Nvidia buys Mellanox for USD 6.9 bln

2019-03-11 12:13:00| Telecompaper Headlines

(Telecompaper) Nvidia has agreed to buy Mellanox for USD 125 per share in cash, translating into a total value of USD 6.9 billion. The companies together will power over 250 of the world's top 500 supercomputers, and serve just about every major cloud service provider and computer maker. Upon completion, the deal is expected to immediately add to Nvidia adjusted earnings, gross margin and free cash flow. The company added that it will also keep its capital return programme for the rest of fiscal 2020.

Tags: usd nvidia buys bln

Category:Telecommunications

Latest from this category

All news

»
05.11Boeing strike ends as workers back 38% pay rise deal
05.11Tropical Storm Rafael Public Advisory Number 6A
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Tropical Storm Rafael Graphics
05.11Atlantic Tropical Weather Outlook
05.11Eastern North Pacific Tropical Weather Outlook
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Forecast Discussion Number 6
More »