NVIDIA has announced it has entered into a definitive agreement to acquire Run:ai, a Kubernetes-based workload management and orchestration software provider. NVIDIA will continue to offer Run:ai’s products under the same business model for the immediate future, and will continue to invest in the Run:ai product roadmap as part of NVIDIA DGX Cloud, an AI platform co-engineered with leading clouds for enterprise developers, offering an integrated, full-stack service optimized for generative AI.
Latham & Watkins LLP is representing NVIDIA in the acquisition, with a corporate M&A team led Bay Area partner Saad Khanani and Bay Area/New York partner Josh Dubofsky, with associates Lauren Lefcoe, Tiana Baghdikian, and Alec Hampton. Advice was also provided on transactional tax matters by Washington, D.C. partner Nicholas DeNovio, with associate Abigail Friedman; on FCPA matters by New York partner Matthew Salerno, with associate Elizabeth Annis; on executive compensation, employment, and benefits matters by Century City/Bay Area partner Julie Crisp, with associates Joe Benedetto and Iryna Onyshchenko; on data and technology transactions matters by Bay Area counsel Arielle Singh, partner Robert Blamires, and London partner Fiona Maclean, with associates Deborah Hinck, Amy Tosi, Lorenzo Meusburger, and Julian Savelski; and on antitrust and competition matters Bay Area partner Joshua Holian, London partner Jonathan Parker, Hamburg partner Jana Dammann, and Washington, D.C. partner Peter Todaro with Brussels counsel Tomas Nilsson, associates James Mathieson, Markus Welzenbach, Edd Rarity, Sydney Kirlan-Stout, and Evan Omi. Additional advice was provided by Tel Aviv partner Josh Kiernan, with associate Gilad Zohari.