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Nvidia has agreed to acquire Shoreline, a software startup founded by a former Amazon Web Services executive, in a deal valued at approximately $100 million. Shoreline, which has raised around $57 million, specializes in automated infrastructure remediation and incident automation, which aligns with Nvidia's potential expansion into cloud infrastructure offerings. The acquisition highlights Nvidia's strategic move to enhance its software capabilities and broaden its technological portfolio.
Massive chipmaker Nvidia is expanding its horizons with a deal to acquire software start-up Shoreline, according to sources speaking with Bloomberg. https://t.co/ZI9yG0JdoH
Nvidia reportedly eyes software firm Shoreline in $100m bid https://t.co/ZI9yG0JdoH
Sources: Nvidia agrees to buy Shoreline, which helps automate fixing software problems, in a deal that values Shoreline at ~$100M; Shoreline has raised ~$57M (Bloomberg) https://t.co/3d9efCqK0n 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/7xc3faj80X