FILE PHOTO – The logo of Nvidia Corporation appears at the Computex annual exhibition in Taipei, Taiwan, on May 30, 2017. REUTERS / Tyrone Siu / File Photo
TEL AVIV (Reuters) – Nvidia Corp. has submitted an offer to buy Israeli chips designer Mellanox, Calcalist financial information website said Sunday.
Nvidia is competing for Mellanox with Intel Corp., which has already offered $ 6 billion to Israeli company, Calcalist said. According to his estimates, Nvidia would pay at least 10% more than the price offered by Intel.
Nvidia's advantage is that it would be more likely to get regulatory approval from the United States and China while Intel and Mellanox control the InfiniBand technology market, a network communication standard. commonly used in supercomputers, Calcalist said.
Mellanox, which manufactures chips and other hardware for data center servers that power cloud computing, said it did not comment on rumors or speculation. Representatives of Nvidia could not be contacted for comment outside normal office hours in the United States.
Intel declined to comment on information that it seeks to acquire Mellanox.
Report by Tova Cohen; Edited by Steven Scheer