Source: Nvidia has outbid Intel for Mellanox and could announce a deal to acquire the Israeli chip maker for $7B+ in cash as early as Monday (Liana B. Baker/Reuters)

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Liana B. Baker / Reuters:

Source: Nvidia has outbid Intel for Mellanox and could announce a deal to acquire the Israeli chip maker for $7B+ in cash as early as Monday  —  NEW YORK (Reuters) – Chipmaker Nvidia Corp is nearing a deal to acquire peer Mellanox Technologies Ltd for more than $7 billion in cash, a person familiar with the matter said on Sunday.

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