The Nvidia Corp. announced on Monday about reaching an agreement for acquiring the Mellanox for around 6.9 Billion US Dollars. This move would allow the firm to additionally develop their high performing computer services. The shares of Mellanox have gained an 8.4 percent rise very shortly following the Monday’s opening bell.
Combined, the Nvidia’s platform of computing along with the Mellanox’s jointly had the power of around 250 out of the 500 top most supercomputers in the whole world. have as customers every major cloud service provider and computer market.
The Nvidia Corporation announced that their intensity to compute the workloads of the modern Artificial Intelligence, along with the scientific methods of computing along with the analytics of the data which has grown substantially over the time resulting in the tremendous rises in the demand for the performance. This eventually resulted in the rushing of the computing using the GPUs of Nvidia as well as the intelligent interacting solutions of the Mellanox.
With Mellanox by the side, Nvidia corporation could effectively optimize their datacenter-scale loads through various diverse computing, connecting, storage stacking in order to achieve a high level of performance.
According to the CEO and the founder of the Nvidia Corporation, Mr. Jensen Huang said: “We’re excited to unite NVIDIA’s accelerated computing platform with Mellanox’s world-renowned accelerated networking platform under one roof to create next-generation datacenter-scale computing solutions. I am particularly thrilled to work closely with the visionary leaders of Mellanox and their amazing people to invent the computers of tomorrow.”
Mr. Huang further said: “The emergence of AI and data science, as well as billions of simultaneous computer users, is fueling skyrocketing demand on the world’s data centers,
Addressing this demand will require holistic architectures that connect vast numbers of fast computing nodes over intelligent networking fabrics to form a giant datacenter-scale compute engine.”
The weaknesses in China led to several main technological firms like Apple Corporation in order to lower down their expectations regarding the financial results that they previously got.