NVIDIA (NASDAQ: NVDA) Has Officially Closed Its $6.9 Billion Deal to Acquire Mellanox (NASDAQ: MLNX)

NVIDIA (NASDAQ: NVDA) Has Officially Closed Its $6.9 Billion Deal to Acquire Mellanox (NASDAQ: MLNX)

4 years ago
Anonymous $9CO2RSACsf

https://wccftech.com/nvidia-nasdaq-nvda-has-officially-closed-its-6-9-billion-deal-to-acquire-mellanox-nasdaq-mlnx/

NVIDIA (NASDAQ:NVDA) has officially completed its acquisition of Israel’s Mellanox Technologies (NASDAQ:MLNX) today, capping an arduous process that spanned over 13 months.

On the 16th of April, China granted a conditional approval to the merger, stipulating only generic conditions, such as a prohibition on employing “unreasonable” tactics – including bundling – while selling devices in China. The U.S. and the European Commission have already approved the merger, with the latter’s approval having been formalized only in December 2019.