Deals
Nvidia Closes Acquisition of Israeli Software Startup Run:ai
- Software works on Nvidia-based systems, to be open-sourced
- Value of deal pegged at $700 million by Calcalist in April
Nvidia headquarters in Santa Clara, California.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Nvidia Corp. has completed the acquisition of Israeli startup Run:ai, gaining software that helps owners of intelligence computing gear get the best out of their hardware.
The software — which currently works on only Nvidia-based systems — will be open-sourced, meaning that others will be able to take the code and use it to tune computers that use hardware from Nvidia’s rivals, Run:ai said in a posting on its website.