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UK government intervenes in proposed acquisition of ARM by NVIDIA

UK government intervenes in proposed acquisition of ARM by NVIDIA

The UK Secretary of State for Digital, Culture, Media and Sport has intervened in the sale of smartphone chip producer ARM Limited to NVIDIA Corporation. The $40 billion sale agreement was announced between NVIDIA and Softbank, ARM's current owner, in September 2020.
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UK Competition and Markets Authority to investigate NVIDIA takeover of Arm

UK Competition and Markets Authority to investigate NVIDIA takeover of Arm

The UK's Competition and Markets Authority has asked interested parties to comment on the potential impact of the planned $40 billion NVIDIA Corporation takeover of UK-based chip designer Arm Limited. A formal investigation is expected later this year.
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NVIDIA to acquire UK-based chip maker Arm

NVIDIA to acquire UK-based chip maker Arm

Computer graphics pioneer NVIDIA is acquiring UK-based mobile chip specialist Arm in a deal that's valued at $40 billion (approximately £31 billion). It's buying Arm Ltd from SoftBank, which acquired the company four years ago.
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ARM’s quarterly results show profit and revenue up from last year

UK-based microprocessor designer ARM Holdings has published quarterly results that show revenue up 26% year-on-year.

Revenue reached £171.2 million, while pre-tax profit was up 30% to £86.6 million. The company also said it had generated a record £96 million in cash.

Author: The Fonecast
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Last week at The Fonecast: 25th March 2013

I’m moving on up, you’re moving on out

Mark Bridge writes:

Farewell, ST-Ericsson. It didn’t bode well when CEO Didier Lamouche announced his planned departure a couple of weeks ago – and now both STMicroelectronics and Ericsson have confirmed they’ll be splitting the company between them before closing it down.

Author: The Fonecast
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