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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.


PCGamesInsider Contributing Editor

Alex Forbes-Calvin is a freelance writer and photographer, mostly operating within the games industry. Over his career, he has written for the likes of MCV, Eurogamer, GamesIndustry.biz, The Observer, VGC and Esquire. That's on top of writing books for Dark Horse on RuneScape, Assassin's Creed, Dead Island 2 and more.