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UK 'intervenes' in Nvidias $40bn takeover of Arm

2021-04-20 02:00:00| Total Telecom industry news

Back in September, SoftBank Group agreed to sell UK chip designer Arm to US rival Nvidia for a mammoth sum of $40 billion. The deal caused almost immediate consternation in the UK, with various players within the industry lobbying the government to block the deal, saying it would harm UK jobs and the country’s technical capabilities on the world stage. Indeed, Arm’s co-founder…read more on TotalTele.com »

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UK govt intervenes in Arm, Nvidia deal on national security concerns

2021-04-19 16:46:00| Telecompaper Headlines

(Telecompaper) The UK government has issued a public interest intervention notice (PIIN) in relation to the proposed sale of UK-based chip designer ARM to US company Nvidia...

Tags: national security deal concerns

 
 

UK government intervenes in Nvidia takeover of chip designer Arm

2021-04-19 15:40:25| BBC News | Business | UK Edition

The government is to examine Nvidia's planned purchase of the UK firm on national security grounds.

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