Monday, 06 December 2021 13:58

Nvidia Acquisition of ARM Delayed as EU Temporarily Halts Investigation

Written by Andrew Paul Heaton
Rate this item
(0 votes)
Despite Nvidia hoping to get its acquisition of UK chip company ARM completed within two years, there are yet more obstacles delaying the merger.

To say that Nvidia is a powerful and influential force in the tech industry is putting it mildly. Valued at more than $250 billion, it's surpassed the likes of Intel, which is soon to become a new major rival in the GPU realm. With it being in such a position, Nvidia has been attempting to purchase the UK chip firm ARM, with the deal beginning last September. However, along the way the merger has raised a lot of equally powerful eyebrows, and many huge companies are not happy. With the deal being blocked recently by the FTC, there are now more obstacles in the way as investigations grind to a halt.

Read 60 times
Login to post comments