Nvidia acquired Mellanox Technologies for about $6.9 billion in 2020.
Nvidia announced the agreement to buy Mellanox in March 2019 and completed the acquisition on April 27, 2020. Mellanox developed high-performance networking products, including adapters, switches, and interconnect technology used in data centers and supercomputers.
The purchase expanded Nvidia beyond graphics processors by strengthening its data-center networking capabilities. This became particularly important as large-scale artificial-intelligence systems required both powerful accelerators and fast connections between servers. Mellanox was founded in 1999 and was headquartered in Sunnyvale, California, and Yokneam, Israel, before the acquisition.