Skip to content

Qazvin Online

Qazvin city internet portal

Menu
  • Entertainment
  • Markets
  • News
  • Weather Database
Menu

Microsoft to buy Nvidia and NVIDIA for $1.5 billion

Posted on August 9, 2021 by admin

Microsoft has entered into a multi-billion dollar merger deal with Nvidia to acquire the chipmaker and its technology company, according to sources familiar with the matter.

The deal, to be completed by the end of the year, will include a deal to buy the entire company, which has about 1,000 employees and about a $300 billion valuation.

Nvidia, which is best known for its graphics processing unit, was founded in 1998 by a team of three Nvidia engineers, along with a number of engineers from Intel.

The company now has about 8,000 workers worldwide.

The new acquisition will bring the total number of employees at Nvidia to about 11,000.

Nolan told Bloomberg Businessweek that Microsoft has been “on the right track” in recent years and that the merger will enable the company to accelerate its next-generation business.

Nissan and Tesla are also looking to acquire Tesla.

Microsoft has made significant investments in the automotive industry over the past few years, including buying Autopilot, which enables the car to detect and respond to driver inputs, and developing the Autopano system, which helps driverless cars navigate the road.

The merger is part of a broader deal that will combine Microsoft with Nvidia in the next year or two, the sources said.

The deal is expected to close in about six months, and the deal is valued at $1 billion, the people said.

The companies will also continue to work together to develop and build an Azure cloud service.

Recent Posts

  • Why do cats love the word “bacon”?
  • How to create a database architecture
  • How to Make $200/Month with $1,000/Year in SQL Blogging jobs
  • What’s happening with the Amazon Web Services Recovery (AWS) network?
  • ‘I think it’s the biggest scam I’ve ever seen’: GOP senator says ‘biggest scam’ in Congress

Archives

  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021

Categories

  • Entertainment
  • Markets
  • News
  • Weather Database

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Tags

animal crossing database cedh database character database cinahl database codis database current inmate database database database administrator certification database security database transaction ewg database exploit database faa pilot database free database software imdb database json database library database marvel database maude database microsoft access database microsoft database mongodb create database nba 2k database nfl uniform database ntsb accident database online database optc database plant database pocket watch database postgres create database postgres delete database ppp loan database proquest database protein database redis database ri corporate database shemale database snowflake database the movie database types of database uic database usda nutrient database ut library database what is database whois database
©2022 Qazvin Online | Built using qazvinonline.com theme by weel7