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Brunswick Group is handling semiconductor company Nvidia's $6.9B acquisition of networking powerhouse Mellanox to strengthen its position in the data center business.
The Financial Times reports that Nvidia's all-cash $125-per-share bid, which represents a 14 percent premium to its March 8 closing price, topped a competitive offer by Intel for the Israel-based company.
Nvidia CEO Jensen Huang said the marriage of his company's computing platform with Mellanox's "world-renowned" networking capability will create "next-generation datacenter-scale computing solutions."
Nvidia and Mellanox have a history of collaboration. They worked together in building the world's fastest supercomputers, Sierra and Summit, for the US Dept. of Energy.
The deal is expected to close by the end of the year.
Brunswick's Ash Spiegelberg and Mylene Mangalindan represent Nvidia.
Joele Frank handles C.H. Robinson Worldwide as the freight transportation company acquires RXO Inc. in a stock and cash transaction pegged at $5.8B to create a company with an enterprise value of more than $25B.
Brunswick Group handles France’s Schneider Electric as it acquires Boston’s PTC, maker of engineering software, for $22.6B cash.
Burson Buchanan handles AAR Corp as the supplier of parts and services to the aviation market acquires a 65 percent stake in MRO Holdings.
The financial services industry thinks it needs more communications, when the real issue is credibility—and that requires entirely different solutions.
Starting out with the goal of creating a “different model” for communications, Tier One’s leaders discuss creating value for firms in financial/fintech, professional services and other high-tech industries.
