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EU: US chipmaker Nvidia offers no concessions in $6.8B Mellanox deal

By  |  December 16, 2019

US chipmaker Nvidia has not offered any concessions to EU antitrust regulators examining its US$6.8 billion bid for Mellanox Technologies, reported Reuters.

The EU competition enforcer is scheduled to decide on Nvidia’s biggest-ever acquisition by December 19. It is not clear if the deal will be cleared unconditionally or will face a full-scale investigation. 

Thursday, December 12, was the last day to offer concessions, if these were required to address any EU antitrust concerns. 

The company outbid rival Intel for Mellanox in a move aimed at boosting its data center and artificial intelligence business. Its chips connect data centers into one giant computer. 

The deal has received the green light in the United States while Chinese approval is still pending.