英伟达收购迈络思一案 市场监管总局决定实施进一步调查

Core Points - Nvidia is under investigation by China's State Administration for Market Regulation (SAMR) for potential violations of the Anti-Monopoly Law and conditions related to its acquisition of Mellanox Technologies [2][4] - The investigation was initiated on December 9, 2024, following concerns about the competitive effects of Nvidia's acquisition of Mellanox, particularly in the GPU accelerator and high-speed Ethernet adapter markets [4] Group 1 - Nvidia, established in 1998 and listed on NASDAQ, specializes in the development, production, and sale of graphics processing units (GPUs) [4] - Mellanox Technologies, founded in 1999 in Israel and also listed on NASDAQ, focuses on the development, production, and sale of network interconnect products [4] - The acquisition agreement was signed on March 10, 2019, with Nvidia intending to acquire all shares of Mellanox, making it a wholly-owned subsidiary post-transaction [4] Group 2 - SAMR assessed that the merger could potentially exclude or limit competition in the global and Chinese markets for GPU accelerators and specialized network interconnect devices [4] - As part of the merger conditions, Nvidia and Mellanox are required to adhere to several obligations, including not forcing bundled sales of their products and ensuring fair access to their technologies for third parties [5] - The restrictive conditions will remain in effect for six years, after which the parties can apply for their removal based on market competition conditions [5]