U.S. computer giant Nvidia buys Israel's Mellanox chip maker for 7 bln USD

Mellanox Technologies CEO Eyal Waldman speaks during a press conference in Tel Aviv, Israel, on March 11, 2019. Mellanox Technologies, an Israel-based chip maker, said on Monday that U.S. computer giant Nvidia Corporation agreed to buy it for about 6.9 billion U.S. dollars in cash. The deal marks the biggest exit yet for an Israeli high-tech company in 2019 and the third largest-ever acquisition deal of an Israeli high-tech company. (Xinhua/Gil Cohen Magen)