Nvidia to acquire Mellanox Technologies for about $7 billion in cash

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Nvidia to acquire Mellanox Technologies for about $7 billion in cash
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Chipmaker Nvidia is nearing a deal to acquire peer Mellanox Technologies for more than $7 billion in cash.

Chipmaker Nvidia on Monday announced plans to acquire peer Mellanox Technologies for about $7 billion in cash.

Financial news website Calcalist had reported earlier on Sunday that Nvidia had outbid Intel for Mellanox.

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