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On March 11, 2019, Nvidia (NVDA) announced it would acquire Mellanox (MLNX) in an all-cash acquisition worth $6.9 billion or $125.00 per share. The deal is notable in several respects. For Nvidia, this is the company's largest-ever acquisition and a strengthening of its datacenter business. For Mellanox, this represents the conclusion of a long-rumored deal process percolated by the activist hedge fund Starboard Value. And finally, for the M&A market, this deal will take the temperature of cross border approvals for technology mergers.