Nvidia has stolen a march on a number of other large technology players, such as Intel, Microsoft, Cisco, IBM and AMD, by having its $6.9 billion offer for Mellanox accepted.

The acquisition, which is expected to be finalised later this year, is Nvidia's largest to date, dwarfi ng its previous highest of $400 million. While the Mellanox deal is comparatively expensive, it fits Nvidia’s strategy well and is a sensible move.