Intel bids $5.5b to acquire Mellanox

US chipmaker Intel has bid about $5.5 – 5.6 billion to acquire Israeli big data connectivity company Mellanox Technologies Ltd. (Nasdaq:MLNX), sources inform “Globes.” The bid represents a 30% premium on Mellanox’s closing price on Nasdaq last night.

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Image courtesy of: Omri Zerachovitz

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