Nvidia might be in for some good news. The company’s $6.9 billion bid to acquire fellow chipmaker Mellanox could clear another hurdle later today, according to a Reuters report.

The deal will likely receive an unconditional approval from EU antitrust regulators, the report says, citing "people familiar with the matter."

In March, Nvidia announced plans to acquire Mellanox, which is perhaps best known for its high-speed networking interconnects, to bolster its data center business and better position it to compete with rival Intel.

The European Commission is expected to decide on the deal today but declined to comment in the Reuter's report.

The EU approval would clear yet another roadblock in the way of finalizing the deal. Nvidia has already received regulatory approval from U.S. authorities, but the deal is still pending approval in China.

Nvidia reportedly outbid Intel, Xilinx, and Microsoft to buy Mellanox, all of whom were looking to the networking interconnect company for its strength in artificial intelligence (AI), high-performance computing (HPC), and other big data and analytics workloads.

Speaking about the acquisition in March, Nvidia CEO Jensen Huang said his company would use Mellanox's technology to optimize data center-scale workloads to achieve better performance and lower operating costs for customers.

“The emergence of AI and data science, as well as billions of simultaneous computer users, is fueling skyrocketing demand on the world’s data centers,” Huang said in a statement. “Addressing this demand will require holistic architectures that connect vast numbers of fast computing nodes over intelligent networking fabrics to form a giant data center-scale compute engine.”

Mellanox and Nvidia have worked together on several occasions in the past few years, combining the graphics manufacturer's graphics processing units (GPU) and Mellanox interconnects.

Mellanox's claims its InfiniBand interconnect technology, as well as its high-speed Ethernet products, are employed by more than half of the world’s fastest supercomputers and in many hyperscale data centers. And the two companies claim to count virtually every cloud provider as a customer.