A PYMNTS Company

Nvidia gets China govt’s nod to buy Mellanox, says all conditions satisfied

 |  April 16, 2020

Chipmaker Nvidia Corp on Thursday received approval from China’s antitrust authority for its $6.9 billion proposed acquisition of Mellanox Technologies Ltd and said with that all the conditions to the deal’s closing have been satisfied.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The proposed deal received a green light from EU antitrust and Mexico in December, while U.S. authorities had already cleared the deal without conditions. (Reporting by Ayanti Bera in Bengaluru; Editing by Shinjini Ganguli).

    Full Content: Reuters

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.