Slide 1: NVIDIA to Acquire Mellanox
NVIDIA TO ACQUIRE MELLANOX March 11, 2019
Slide 2: Safe Harbor
SAFE HARBOR 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
Slide 3: A Leading HPC Platform
A LEADING HPC PLATFORM Unites world-class computing and networking capabilities to address a $60 billion+ datacenter market opportunity Strengthens NVIDIA’s ability to provide datacenter-scale computing across the full stack — processing, networking, and storage Fosters the next-generation HPC and A
Slide 4: Datacenter-Scale Performance
DATACENTER-SCALE PERFORMANCE 107 + GPU PERFORMANCE CPU PERFORMANCE 105 103 Traffic Growth 1980 1990 2000 2010 2020 Internal To Internet (Egress) Post Moore’s Law NVIDIA Accelerated Computing Emerging AI and Data Analytics plus Workloads Demand Datacenter-Scale Mellanox Accelerated Networking Optimiz
Slide 5: Mellanox Is a Leader in High-Speed Interconnects & Networking
MELLANOX IS A LEADER IN HIGH-SPEED INTERCONNECTS & NETWORKING Supercomputing Cloud / Hyperscale Enterprise Application Acceleration: Storage, Big Data, AI/ML Virtualization & Security Acceleration Efficient Data Movement DPDK: Data Plane Development Kit | OVS: Open Virtual Switch | NVMe: Non-Volatil
Slide 6: Longstanding History of Collaboration
LONGSTANDING HISTORY OF COLLABORATION DGX-2 — THE WORLD’S MOST ADVANCED AI MACHINE 16x Tesla V100 32GB 12x NVSwitch NVLink Plane Card 10x EDR IB/100 GigE 2x Xeon Platinum 1.5TB System Memory 30TB NVME SSDs PCIe Switch Complex 6
Slide 7: Powering the Leading Supercomputers
POWERING THE LEADING SUPERCOMPUTERS #1 SUMMIT (U.S.) #2 SIERRA (U.S.) Peak PFlop/s: 201 Peak PFlop/s: 126 GPUs: 27,648 NVIDIA GV100 GPUs: 17,280 NVIDIA GV100 Interconnect: 4.6k MLNX NICs Interconnect: 4.3k MLNX NICs NVIDIA GPUs 127 of the TOP500 Mellanox Interconnects 265 of the TOP500 Together, NVI
Slide 8: Adopted by Cloud and Computing Leaders
ADOPTED BY CLOUD AND COMPUTING LEADERS CISCO DELL HPE IBM LENOVO 8
Slide 9: Enormous Market Opportunity
$11B High-Speed Networking $50B Computing ENORMOUS MARKET OPPORTUNITY $60B+ Total Addressable Market 2023 9
Slide 10: Transaction Summary
TRANSACTION SUMMARY $125 per share in cash TRANSACTION CONSIDERATION $6.9B in enterprise value Expected to be accretive to non-GAAP gross margin, non-GAAP EPS and free cash flow, immediately after close FINANCIAL IMPACT Intend to fund the acquisition through balance sheet cash No change to
Slide 11: Q&A
Q&A Q&A