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