Nvidia grabs Mellanox out from under Intel’s nose

Nvidia grabs Mellanox out from under Intel’s nose

After months of speculation, Mellanox found a suitor — and it was a surprise, to say the least. GPU leader Nvidia snatched up the networking vendor for $6.9 billion, topping a rumored previous offer of $6 billion from Nvidia’s nemesis, Intel.

The acquisition ends months of rumors of a suitor for Mellanox. Intel, Microsoft, and Xilinix were all reportedly bidding for the Israeli company, which specializes in high-speed networking.

Mellanox Technology was formed in 1999 by a former Intel executive and was a pioneer in the early adoption of InfiniBand interconnect technology, which along with its high-speed Ethernet products is now used in over half of the world’s fastest supercomputers and in many leading hyperscale data centers.

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