GSK and AstraZeneca, which are both involved in coronavirus vaccine research, will be two of the first pharmaceutical companies to harness the power of the machine.
The $7b. price tag represents the third largest “exit” of an Israeli company to date
The Yokne’am-based company, founded in 1999 and listed on the Nasdaq Stock Market, supplies end-to-end interconnect solutions and services for data center servers and storage systems.
The acquisition will not lead to any layoffs of company employees, said Nvidia CEO Jensen Huang.
Perlmutter is on the board of directors of Mellanox, the Israeli microchip maker acquired by American technology giant Nvidia for $6.9 billion on Monday.