Nvidia to Acquire Shoreline for $100M (June 19, 22:00 UTC+8)

NVDA to acquire Shoreline for US$100M. Shoreline is a software development startup that automates incidents detection and repair in computer system.

The strategic acquisition is viewed as NVDA’s ambition to diversify their product offerings and further expand into software solutions; Commercial datacenter sales occupy nearly 78% of NVDA’s $80B revenue, with gaming in second place at 17%.

Reference:

NVDA revenue breakdown by segment (https://www.visualcapitalist.com/nvidia-revenue-by-product-line/)