Nvidia Deal to Buy Arm From SoftBank Is Off After Setbacks
The deal, which was initially valued at $40 billion, encountered regulatory scrutiny, including an F.T.C. lawsuit.
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The deal, which was initially valued at $40 billion, encountered regulatory scrutiny, including an F.T.C. lawsuit.
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Nvidia has declined to comment on reports stating that its plan to acquire British chip designer Arm “collapsed” on Monday.
Nvidia has walked away from its deal to acquire Arm from SoftBank.
Nvidia Corp. and Japan’s SoftBank Group Corp. are abandoning a blockbuster deal for the U.S. semiconductor giant to acquire chip-design specialist Arm after regulators raised antitrust concerns, a person familiar with the matter said.