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Calcalist, an Israeli media, reported Intel (INTC) was bidding for the Israeli company Mellanox (MLNX). Reuters relayed the news but there is no official confirmation. The rumor is the occasion to assess the relevance of such a deal for both companies from the operational and financial perspectives.
The news came a few hours after Reuters reported about the plans for Intel to invest more than $10 billion in Israel. Also, both Intel and Mellanox have some challenges in the data center area. During the Q4 earnings, Intel reported some weakness