Nvidia Arm Acquisition
Is acting as an accelerant for a smaller market rival what happened.
Nvidia arm acquisition. Nvidia s 40 billion acquisition of chip designer arm will most likely be blocked according to two technology investors in britain. Nvidia s 40 billion acquisition of arm is a hugely significant deal for the tech world with implications that will take years to unravel spanning many areas of the sector. Nvidia s acquisition of arm could be a nightmare for china clsa says published thu sep 24 2020 6 26 am edt updated thu sep 24 2020 8 10 pm edt abigail ng abigailngwy. Sbg today announced a definitive agreement under which nvidia will acquire arm limited from sbg and the softbank vision fund together softbank in a transaction valued at 40 billion.
Clearly this is a huge acquisition and a potentially big shift in power within the tech industry. Nvidia buys arm for 40 billion in deal that could change the tech world forever. Arm will operate as a division of nvidia and will remain headquartered in the uk and will continue to operate. But if you listened.
Patrick little ceo and. Certain statements in this press release including but not limited to statements as to the proposed transaction and acquisition of arm by nvidia including statements regarding the benefits and impact of the transaction and what the combined companies will offer and create the timing price and closing conditions of the transaction. Statements regarding the companies products and markets. Nvda 40 billion acquisition deal of the british semiconductor arm ltd.