BREAKING NEWS

Nvidia to buy Israeli Mellanox Technologies for $6.8 bln

By REUTERS

MARCH 11, 2019 13:10

Chipmaker Nvidia Corp said on Monday it will buy Israeli chip designer Mellanox Technologies Ltd for $6.8 billion in cash.

The offer price of $125 per share represents a premium of 14 percent to Mellanox's Friday close.

Mellanox, based in Israel and the United States, makes chips and other hardware for data center servers that power cloud computing.

The deal will help Nvidia boost its data center business and reduce its reliance on the video game industry.

Reuters had reported about the deal on Sunday.

Trump: Kamala will start WW3, get millions of Muslims killed

By JERUSALEM POST STAFF

11/05/2024 01:10 PM

Putin tells Western diplomats Russia is committed to cooperation

By REUTERS

11/05/2024 01:08 PM

Iranian-German Sharmahd died before his execution, Iran judiciary says

By REUTERS

11/05/2024 12:33 PM

Iranian female student who stripped in public is 'troubled'

By REUTERS

11/05/2024 12:31 PM

Over 100 patients to be evacuated from Gaza, WHO says

By REUTERS

11/05/2024 12:22 PM

Over 60 PFLP members arrested in extensive IDF, Shin Bet operation

By AVI ASHKENAZI

11/05/2024 11:34 AM

Germany arrests eight suspected members of right-wing group

By REUTERS

11/05/2024 11:15 AM

Haredi day care bill loses majority after three RZP MKs withdraw support

By JERUSALEM POST STAFF

11/05/2024 11:10 AM

Russia calls N.Korean missile tests reaction to US provocations

By REUTERS

11/05/2024 10:54 AM

Iran says two French detainees held in good conditions

By REUTERS

11/05/2024 10:14 AM

Police seize 1 million shekels of suspected terror funds from suspect

By JERUSALEM POST STAFF

11/05/2024 08:38 AM

Hostage families, protestors block Ayalon highway

By JERUSALEM POST STAFF

11/05/2024 07:37 AM

Meta to extend ban on new political ads after US election

By REUTERS

11/05/2024 01:17 AM

Blinken urges Israel to substantially increase humanitarian aid in Gaza

By REUTERS

11/05/2024 01:02 AM

Rocket shrapnel found in Kadita, no injuries reported

By JERUSALEM POST STAFF

11/04/2024 11:55 PM