Third, it expands our HPC opportunity. Supporting AI and data analytics workloads is the catalyst that
will turn hyperscale, cloud, and enterprise datacenters into high-performance computers. Uniting our capabilities will let us create datacenter-scale computing solutions to better serve the $60 billion datacenter opportunity.
Lastly, we are simpatico. We share a performance-driven culture. We are both
one-of-a-kind
companies and are the best at what we do. Eyal is a visionary leader and the Mellanox management team is extraordinary. We share a common sense of purpose to advance computing
and have surely enjoyed building amazing computers together.
Theres one more reason. We now have a great site in Israel one of the
worlds leading technology centers. The culture and people foster technical excellence and entrepreneurial spirit. Eyal is one of its proudest sons and Mellanox the amazing creation of that countrys vision. Eyal and the
leadership team will continue to lead Mellanox and build the future of HPC networking in Israel. I am thrilled that NVIDIA has a new home in Israel.
What next? Until receiving regulatory approval we will operate as independent companies. This can take about nine months, plus or minus. We expect
customers and regulators will like the transaction as we are complementary businesses and the combination will accelerate innovation.
I will be in Santa
Clara this week to update shareholders, analysts, and press. After that, we will be preparing for next Mondays GTC 2019. We have many exciting products and announcements. Immediately after my keynote and financial analyst
meeting, I will fly to Israel to meet the employees of Mellanox and the Israel high tech ecosystem.
This is such an exciting milestone, one that when we
look back many years from now, will have transformed the world of computing and created new machines that led to unimaginable discoveries. I want to thank all the NVIDIA and Mellanox employees for creating the amazing companies that we are now
uniting.
Jensen
Forward Looking Statements
All statements included or incorporated by reference in this communication, other than statements or characterizations of historical fact, are forward-looking
statements within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based
on NVIDIAs current expectations, estimates and projections about its business and industry, managements beliefs, and certain assumptions made by NVIDIA and Mellanox, all of which are subject to change. Forward-looking statements can
often be identified by words such as anticipates, expects, intends, plans, predicts, believes, seeks, goals, likely, might,
project, target, estimates, may, will, should, would, could, potential, continue, ongoing, or similar expressions,
and variations or negatives of these words. Certain statements in this press release including, but not limited to, statements as to the proposed transaction and acquisition of Mellanox by NVIDIA, including statements regarding the benefits of the
transaction and what the combined companies will offer, the timing, price and closing conditions of the transaction, and statements regarding the companies products and markets are forward-looking statements that are subject to risks and
uncertainties that could cause results to be materially different than expectations.