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NVDA - Nvidia Clears The Last Major Hurdle In The Mellanox Deal
NVIDIA Corporation
It took longer than expected, but Nvidia (NVDA) announced on Thursday (April 16, 2020) that it finally secured Chinese government approval to proceed with its acquisition of high-speed interconnect specialist Mellanox (MLNX). With that, Nvidia believes they can close the deal in about 10 days (April 27), bringing the company the acknowledged leader in high-speed interconnect for data centers.
From the perspective of someone who has followed Mellanox over the years, I find this a bittersweet development. The $125 per share in cash is arguably nice to have, particularly given the