Nvidia, SoftBank call off Arm deal due to regulatory challenges
Softbank aims to launch an IPO for Arm by the end of March next year
Source: computing.co.uk
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That big deal for Nvidia to buy computer chip giant Arm has come crashing down
SoftBank has dropped its plans to sell the British semiconductor and software design company Arm to U.S. chipmaker Nvidia. The Federal Trade Commission had sued to block the $40 billion deal.
Source: wshu.org
UK chip firm Arm sale by Softbank collapses amid competition fears
The sale of Cambridge-based Arm to Nvidia of the US has faced regulatory hurdles around the world.
Source: bbc.com
Nvidia's ARM deal scrapped: Here's what we know about it
SoftBank said that Nvidia will be paying a sum of $1.25 billion to the ARM parent SoftBank for failing to go through with the transaction.
Source: bgr.in
Nvidia kills off $40bn Arm acquisition - here's what might happen next
Nvidia has terminated its bid to acquire Arm as a result of insurmountable regulatory hurdles.
Source: techradar.com