Nvidia Arm Deal
Uk tech giant arm holdings to be sold to us company nvidia in 40bn deal chip designer s co founder says deal is an absolute disaster that will lead to uk job losses published.
Nvidia arm deal. Government will first scrutinise the deal to understand the near and long term impacts on the u k. Nvidia s purchase of arm for 40 billion would be the largest semiconductor deal of all time by dollar value if it is completed. The mega deal which would create the. Chipmaker arm from softbank for 40 billion according to analysts.
The nvidia arm m a story is by no means over yet as the u k. Economy that the deal may represent. Nvidia and softbank group corp. 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.
Arm designed chips are at the heart of nearly every smartphone sold. For 40 billion taking control of some of the most widely used electronics technology in the semiconductor industry s largest ever deal. Nvidia s proposed deal to buy british chipmaker arm is already facing push back from china. London regulators in china could be a major barrier in nvidia s attempt to buy u k.
Nvidia will initially pay softbank 12 billion in cash and 21 5 billion in nvidia shares with further cash or stock up to 5 billion to be paid going forward under an earn out.