A bidding war for supercomputer chip maker Mellanox ended Monday with Nvidiaannouncing it will acquire the San Jose-based company for almost $7 billion.
Data center revenue accounts for almost a third of Nvidia's sales. Nvidia and Mellanox, meanwhile, have worked together in the past but the acquisition creates new opportunities for the company in terms of datacenter-caliber computing tech.
When the acquisition is complete, NVIDIA says that it will invest in local talent in Israel. "It will probably spark questions as to whether Nvidia sees anything changing regarding the growth trajectory of their core data center business".
NVIDIA is reportedly eying off an acquisition of Mellanox for a huge $7 billion, according top sources familiar with the matter reportsReuters.
India returns key diplomat to Pakistan as tensions ease
This advisory has been issued in the wake of escalating tensions between India and Pakistan, following the Pulwama terror attack. He said Pakistan should take concrete steps "against terrorists and terror infrastructure" on its territory.
Nvidia's advantage is that it would have a greater chance of obtaining USA and Chinese regulatory approval as Intel and Mellanox control the market for InfiniBand technology, a networking communications standard commonly used in supercomputers, Calcalist said. The combined company will power more than half of the world's 500 largest computers, the company said. Microsoft and Xilinx, a US-based supplier of programmable logic devices, were also allegedly eying up the company. Mellanox specializes in datacenter connectivity, paratactically high-bandwidth Ethernet and InfiniBand products, for use in high-performance systems.
A report on the technology website for the Israeli daily newspaper Calcalist claims that Nvidia has shown a firm interest in acquiring Mellanox Technologies.
The emergence of AI and data science, as well as billions of simultaneous computer users, is fueling skyrocketing demand on the world's datacenters. 'Addressing this demand will require holistic architectures that connect vast numbers of fast computing nodes over intelligent networking fabrics to form a giant data centre-scale compute engine.
Seyrafi estimates the deal will increase Nvidia's annual revenue by about 11%. Combining our two companies comes as a natural extension of our longstanding partnership and is a great fit given our common performance-driven cultures.
Trump mainly takes the $2.7 billion he plans to cut from foreign aid, welfare reform, student loans, federal retirement. It will require a five percent budget cut on all domestic spending through multiple federal government agencies.
Ilan Omar (D-MN), whose latest anti-Jewish remarks prompted the House of Representatives to pass an anti-hate resolution Thursday. She was accused of anti-Semitism again a few weeks later for comments made during an event at a Washington , D.C., bookstore.
When Trudeau told her January 7 she was being moved from justice, "I stated I believed the reason was because of the SNC matter". Federal Conservative Leader Andrew Scheer kept the heat turned way up on Justin Trudeau during a visit to Manitoba Friday.
Turkish Airlines Flight 1 hit the turbulence about 45 minutes before landing at JFK, Coleman said. "Then seeing blood all over". A New York Fire Department spokesman said they dealt with "32 passengers with non-life threatening injuries at JFK".
Another, also 16, sought an autograph outside his 2008 trial for child pornography; he was acquitted in that case. Kelly and his ex now have three children together, Robert, Jay, and Joann, who are 17, 19, and 21 respectively.
George Foreman ended up paying his daughter to retire after her first loss because he didn't want her to be in the ring anymore. Freeda later focused her attention on raising a family with her husband and spent time working as a boxing promoter.
Arsenal boss Unai Emery was delighted with a statement result that showed his team can hold their own against the league's elite. Of course, the penalty - I think the referee will be disappointed when he sees this, I don't think it's a penalty.
King said later that she did not feel physically threatened, although she anxious Kelly might knock into her accidentally. Kelly's live-in girlfriends have now claimed that their parents are using their relationships with Kelly as blackmail.
In a Wednesday note, the Facebook CEO outlined a new plan to build a "privacy-focused" messaging and social networking platform. End-to-end encryption prevents anyone - including us - from seeing what people share on our services.
Gupta described his patient as "functionally cured" and "in remission", but he gave a caution: "It's too early to say he's cured". After the bone marrow transplant, the London patient remained on ARV for 16 months, at which point ARV treatment was stopped.
Captain Marvel Has Massive Opening
The 21st instalment of the Marvel Cinematic Universe hauled in a staggering sum at the domestic box office. A still from the film " Captain Marvel ."./VCG Photo.
Meghan Markle speaks out amid social media abuse
Kensington Palace on Monday tweeted a statement of the list of guidelines as well as any consequences if they are not adhered to. It was also in Toronto that Meghan and Harry made their first public appearance at the Invictus Games in 2017.
Baby of ‘British IS bride’ dead
Unconfirmed reports emerged on Friday that he had lost his life a month after being born in a Syrian refugee camp. But he added that Britons had been warned since 2011 not to travel to Syria because of the conflict there.
Sherrod Brown Won't Run For President
Sherrod Brown says he won't run for president after making an exploratory swing through early-voting states. You know being President isn't something I've dreamed of my whole life.
Yellow weather warning issued as snow forecast on Sunday
Wednesday will continue windy and showery with strong northwest winds, which will ease later in the day and on Wednesday night . Blustery, with a north northeast wind 6 to 11 miles per hour becoming northwest 16 to 21 miles per hour after midnight.