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UK considers blocking Nvidia takeover of Arm over security bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
UK Considers Blocking Nvidia Takeover of Arm Over Security datacenterknowledge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from datacenterknowledge.com Daily Mail and Mail on Sunday newspapers.
Aug 4, 2021 The U.K. is considering blocking a takeover of Arm Ltd. by Nvidia Corp. due to potential risks to national security, according to people familiar with the discussions. Nvidia, the biggest U.S. chip company by market capitalization, announced in September a $40 billion deal to acquire Arm from Japan’s SoftBank Group Corp., as part of a push to spread its reach in the surging market for semiconductors. SoftBank has been selling assets to raise cash for buybacks and fresh investments in startups. In April, U.K. Culture Secretary Oliver Dowden asked the Competition and Markets Authority (CMA) to prepare a report on whether the deal could be deemed anti-competitive, along with a summary of any national security concerns raised by third parties. ....
UK considers blocking chip company takeover 4 min. today at 07:03 US company Nvidia announced in September a $40 billion deal to acquire Arm, a UK-based semi conductor firm US company Nvidia announced in September a $40 billion deal to acquire Arm, a UK-based semi conductor firm Semiconductors are missing amid high demand Photo credit: Shutterstock The UK is considering blocking a takeover of Arm Ltd. by Nvidia Corp. due to potential risks to national security, according to people familiar with the discussions. Nvidia, the biggest U.S. chip company by market capitalisation, announced in September a $40 billion deal to acquire Arm from Japanâs SoftBank Group Corp., as part of a push to spread its reach in the surging market for semiconductors. SoftBank has been selling assets to raise cash for buybacks and fresh investments in startups. ....
UK mulls blocking Arm takeover - Taipei Times taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.