UK orders in-depth probe of Nvidia's Arm acquisition

UK orders in-depth probe of Nvidia's Arm acquisition

Information about UK orders in-depth probe of Nvidia's Arm acquisition

Kevin David Scam or Legit


By Paul Sandle
LONDON (Reuters) -Britain on Tuesday ordered an in-depth investigation of Nvidia Corp’s planned $50 billion-plus acquisition of UK-based chip designer Arm, another hurdle for a deal that is being scrutinised in every major tech market.
Arm, Britain’s most important tech company that was sold to Japan’s SoftBank in 2016, licenses its blueprints to major chipmakers such as Apple, Qualcomm and Samsung Electronics, underpinning the global smartphone ecosystem.
Britain said in light of Arm’s position at the heart of the industry, it would investigate the impact a sale would have on competition and national security, joining the United States, China and the European Union in launching lengthy investigations.
“Arm has a unique place in the global technology supply chain and we must make sure the implications of this …

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