NVIDIA and ELSA Form Strategic Partnership to Transform the Workstation Market
Industry Leaders Cooperate to Deliver High-Performance Solution for Graphics Professionals
SIGGRAPH, NEW ORLEANS — JULY 25, 2000 —NVIDIA Corporation® (Nasdaq: NVDA) and ELSA AG (Neuer Markt Frankfurt: WKN 507 360) announced today the formation of a strategic partnership in the workstation graphics market. NVIDIA and ELSA today signed a letter of intent to combine their workstation expertise to build a complete line of industry leading professional workstation products. The two companies will jointly market a complete line of workstation products, designed and built by NVIDIA. NVIDIA will market directly to all major OEMs, while ELSA will receive the worldwide exclusive distribution rights to market to all other channels, including system integrators, value-added resellers and distributors. As part of the partnership, ELSA's workstation graphics engineering team will join NVIDIA. Further terms of the agreement were not disclosed.