Nvidia Arm Takeover
But the deal has several critics and now two technology investors are predicting it won t go through.
Nvidia arm takeover. Because of its large size it will require regulatory approvals from the european union the u s united kingdom and china. Founded in cambridge in 1990 arm specialises in microprocessors and. Nvidia announced earlier this month that it intends to buy arm from softbank for 40 billion. Some of china s largest technology companies have asked regulators in beijing to block the 40 billion takeover of arm holdings by nvidia the american semiconductor group according to reports.
Over the weekend nvidia promised to keep the headquarters in cambridge and said the deal will create. An nvidia arm combination is not a foregone conclusion. Speaking on bbc radio 4 on monday hauser said nvidia buying arm was a disaster for cambridge the uk and europe he said thousands of employees would lose their jobs at bases in manchester belfast warwick and cambridge if nvidia inevitably moved the headquarters to america. Nvidia s takeover of arm will enable it to earn licensing fees for nearly every smartphone sold worldwide boost tegra s margins by eliminating licensing fees profit from arm s long term.
Nvidia s arm takeover sparks concern in the uk co founder says it s a disaster published mon sep 14 2020 5 30 am edt updated mon sep 14 2020 8 48 am edt sam shead sam l shead. Hermann hauser who co founded the british tech business in 1999 said the. It also netted a fortune for arm s executives and this time around arm employees will share 1 5bn in nvidia shares.