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UK government orders investigation into Nvidia’s $40bn Arm takeover

UK government orders investigation into Nvidia’s $40bn Arm takeover

The UK government has intervened in Nvidia’s proposed $40B takeover of chip designer Arm on national security grounds. The Competition and Markets Authority will investigate the deal on the competition and national security aspects and prepare a report by the end of July. Based on the findings of the probe, the government would decide whether to approve the deal or ask for a more detailed inquiry

pennydreadful
pennydreadful
Dániel
Dániel 2 months

I hope this does not get approved. It is infuriating it got even this far. Probem is Trump did not block it, and since he tried now Biden wont. For smaller ammounts of money couldn't nvidia just get a permanent license like Apple has? There is literaly no reason to aquire arm other than to get unfair advantages over competitors. And even if boycotting others is not on the table currently (which I would be surprised if wasnt), a company changes leadership every now and then. Later it migt be. And then a widely used platform becomes a monopoly...

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