Article 5GS7Y UK government orders investigation into Nvidia’s $40bn Arm takeover

UK government orders investigation into Nvidia’s $40bn Arm takeover

by
Mark Sweney
from Technology | The Guardian on (#5GS7Y)

Culture secretary cites competition and national security concerns over Cambridge-based chip designer

The UK government has stepped in to order an investigation of Nvidia's $40bn takeover of the Cambridge-based chip designer Arm, citing potential national security concerns.

Oliver Dowden, the UK culture secretary, has written to the Competition and Markets Authority (CMA) instructing it to begin a phase one" investigation into the deal, which was announced in September.

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