UK Will Investigate Nvidia's $40 Billion Arm Acquisition Attempt
takyon writes:
Nvidia's Share Price Dips as UK Goverment Questions $40 Billion Arm Acquisition
The UK Secretary of State for Digital, Culture, Media and Sport today announced that he is asking the Competition and Markets Authority (CMA) to investigate the Nvidia-Arm merger because he believes the deal could have national security implications.
CMA has until July 31 to "prepare a report on the competition and national security aspects of the proposed transaction" for the UK Secretary of State. Then it's up to the Secretary to decide if Nvidia's acquisition of Arm will be allowed to proceed.
Previously: Nvidia Considering Acquisition of ARM for Over $32 Billion
Nvidia Announces $40 Billion Acquisition of Arm Holdings
Nvidia-Branded ARM CPUs; UK Trade Union Speaks Out Against Deal
Nvidia's $40 Billion ARM Acquisition: "All but Dead"?
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