Nvidia (NVDA) has won the bidding to acquire Mellanox Tech (MLNX). Nvidia has said that it expects the acquisition, which will be funded through cash on the Nvidia's balance sheet, to be accretive to non-GAAP gross margin, non-GAAP EPS, and free cash flow immediately. Intel (INTC) was among the other companies looking to acquire Mellanox. The […]
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