NVIDIA Acquiring Mellanox for $6.9 Billion
NVIDIA and Mellanox today announced that the companies have reached a definitive agreement under which NVIDIA will acquire Mellanox. Pursuant to the agreement, NVIDIA will acquire all of the issued and outstanding common shares of Mellanox for $125 per share in cash, representing a total enterprise value of approximately $6.9 billion. Once complete, the combination is expected to be immediately accretive to NVIDIAâ€™s non-GAAP gross margin, non-GAAP earnings per share and free cash flow.
Tags: Acquisition, Mellanox, NVIDIA