The company reported non-GAAP earnings per share of $2.04, up 13% from the corresponding quarter of 2023 and revenue of $598.8 million, up 6% from the corresponding quarter.
No financial details about the acquisition have been disclosed but estimates are that Nvidia is paying $680-$720 million for the Tel Aviv-based company.
"Globes" looks at Rad Group, whose founders Yehuda and Zohar Zisapel, both died over the past year, and which must now move on without two of the founding fathers of Israeli high-tech.
"TechCrunch" reports that Wiz would pay just $150-200 million for Lacework, which was given a valuation of $8.3 billion, post-money in its last financing round.
The underground mapping company heads this year's list of ten outstanding startups with technologies from metabolism monitoring to autonomous tractors.
The company has told "Reuters" that it has secured orders for 46 million of its EyeQ6 Lite assisted-driving chips over the next few years to make new vehicles safer and easier to drive.