NVIDIA in bidding war with Intel to acquire Mellanox

A month and a half ago, news emerged that Intel offered a bid of $5.5 billion to $6 billion to acquire cloud interconnect chip maker Mellanox.

Now word on the street is that NVIDIA offered a deal of $7 billion, and that an announcement may hit the wire later today. NVIDIA is reportedly interested in buying Mellanox to use the Israel-based firm's technology to speed the flow of information around data centers.

Mellanox’s technology is crucial in transferring information from one component to another both within and between computers. The rate at which chips direct that traffic has become increasingly important as corporate computer networks and cloud service providers try to make sense of the growing flood of data being generated.

Via: Bloomberg