NVIDIA, a leading market-cap company, completed its acquisition of Mellanox in 2020 for approximately $7 billion.
NVIDIA announced the agreement in 2019 and completed the transaction in April 2020 after receiving regulatory clearance. Mellanox specialized in high-performance networking products, including interconnect technologies used in data centers and supercomputers.
The purchase strengthened NVIDIA’s position beyond graphics processors. Fast networking is essential when many processors work together on artificial-intelligence training, scientific simulations, and other demanding workloads. Combining NVIDIA compute hardware with Mellanox networking supported the company’s broader data-center strategy.
The deal is sometimes remembered as a $6.9 billion acquisition because the announced value was commonly reported at about that level. Rounding to the nearest billion gives $7 billion, while $70 billion is a tenfold error.