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China gives nod to Nvidia Mellanox acquisition

China gives nod to Nvidia Mellanox acquisition

PC hardware specialist Nvidia has apparently had the go-head from China to acquire Israeli chip maker Mellanox.

In a post on website, Nvidia has said that China's anti-trust authority has given the company the nod to snap up Mellanox.

China's State Administration for Market Regulation is the latest company to give the acquisition the nod, following in the footsteps of the European Commission and Mexico, who were also investigating the deal due to anti-trust concerns.

The deal still needs to be approved by the United States, or the waiting period for the US to give the nod needs to expire. Nvidia expects the deal to close on around April 27th, 2020.

The GPU specialist announced that it planned to buy the firm in March 2019 for $6.9bn, or $125 per share.


Editor - PC Games Insider

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he was hired to launch PCGamesInsider.biz for Steel Media before departing the firm in October 2019.

He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.

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