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home / news releases / MLNX - Nvidia: Mellanox Deal Is Welcomed


MLNX - Nvidia: Mellanox Deal Is Welcomed

Nvidia (NVDA) announced both an interesting as well as sizeable acquisition as it has reached a deal to acquire Mellanox (MLNX) in a rather large $6.9 billion deal. This deal is really driven by a strategic rationale, that of offering competitive computing power in combination with speed in the key data center market, as investors seem to understand and embrace the deal, despite the apparent bidding war for Mellanox.

I appreciate the rationale behind the deal as well, yet find myself in no rush to chase the momentum run we have

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Stock Information

Company Name: Mellanox Technologies Ltd.
Stock Symbol: MLNX
Market: NASDAQ
Website: mellanox.com

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