China approves: The giant deal of Annabidya's acquisition of Melanox

Annabidya and Melanox received Chinese regulator's approval of the giant deal, in which the chipmaker acquires Israeli company for about $ 6.9 billion, according to US reports. China is one of the main countries in which the two companies operate.
While announcing the acquisition, the premium offered by Annabidya to the Israeli company was very impressive, but today the Israeli company's stock is trading at $ 125 per share at market value of $ 6.9 billion - the same as the purchase value.
As we recall, in March 2019, Annabydia announced the acquisition of the Israeli company, which is engaged in the development and manufacture of components for communication systems. This is after a long battle with other companies, such as Intel. This acquisition is the largest of the US giant.
Since the acquisition and until today, company executives Jensen Huang of Annabydia and Il Waldman of Melanox have been very optimistic to end the merger quickly. But regulatory delays, especially from China's authorities, have led to a significant delay in signing the deal.
Enabidia was founded in 1993 by Chris Malchoski, Curtis Priam and Jensen Huang. The company currently trades at a market value of $ 177 billion and employs around 13,000 people worldwide. The acquisition of Melanox in Israel was one of the company's significant steps last year, but in the conference call, the company only addressed it in one trial. During his visit to Israel, Jensen, the founder of the company, reiterated the company's great commitment to Israel and to continue its activities here. In 2019, the company established a development center in Israel that employs dozens of employees.