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Mergers: Intel wants to buy Mellanox
  • U.S. chipmaker Intel Corp has bid $5.5-$6 billion in cash and stock to buy Israel’s Mellanox Technologies, Israeli media reported on Wednesday.

    A $6 billion offer would represent a 35 percent premium to the last closing price of Mellanox on Nasdaq, the Calcalist financial news website said.

    Based in Yokneam, Israel, Mellanox makes chips and other hardware for data center servers that power cloud computing.

    Officials at Intel and Mellanox declined to comment.

    In October CNBC reported that Mellanox has hired a financial adviser to explore a sale after receiving takeover interest from at least two companies.

    You can't stop Capitalism nature.

    Mellanox is very strong in 10Gbe adapters and Infiniband adapters.

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  • Nvidia joins the party

    Nvidia Corp has submitted an offer to buy Israeli chip designer Mellanox, the Calcalist financial news website said on Sunday.

    Nvidia is competing for Mellanox with Intel Corp, which has already offered $6 billion for the Israeli company, Calcalist said. It cited estimates that Nvidia would pay at least 10 percent more than the price offered by Intel.