NVIDIA and Mellanox have reached a definitive agreement under which NVIDIA will acquire Mellanox. Pursuant to the agreement, NVIDIA will acquire all of the issued and outstanding common shares of Mellanox for $125 per share in cash, representing a total enterprise value of approximately $6.9 billion. Once complete, the combination is expected to be immediately accretive to NVIDIA’s non-GAAP gross margin, non-GAAP earnings per share and free cash flow.
Contactless Payments
From April 1st, users in the UK will be able to use their smartphones, smartwatches and contactless bank cards at any contactless terminal to make payments of up to £45. This is an increase of £15 from the current £30 limit.
Apple today previewed iOS 10, featuring a huge update to Messages that delivers more expressive and animated ways to message friends and family.