Jones Day is advising NVIDIA Corporation in its acquisition of Mellanox Technologies, Ltd., an Israel-based leading supplier of end-to-end InfiniBand and Ethernet interconnect solutions and services for servers and storage. Pursuant to the merger agreement, NVIDIA will acquire all of the issued and outstanding common shares of Mellanox for $125 per share in cash, representing a total enterprise value of approximately $6.9 billion. The acquisition will unite two of the world’s leading companies in high performance computing. Together, NVIDIA’s computing platform and Mellanox’s interconnects power over 250 of the world’s TOP500 supercomputers and have as customers every major cloud service provider and computer maker.
The Jones Day deal team advising NVIDIA Corporation is led by Daniel R. Mitz (Silicon Valley), Jonn R. Beeson (Irvine) and Robert J. Cardone (Dallas).