Home > News content

The British don't want to sell ARM for a loss of $8 billion

via:快科技     time:2021/11/23 16:00:55     readed:302

When NVIDIA announced its $40 billion acquisition of ARM last September, it was confident it would get approval quickly. More than a year later, no progress has been made on the deal, which is now stuck in the U.K., where regulators favor a listing of ARM rather than a sale to NVIDIA.

ARM, a chip design company that originated at the University of Cambridge in the United Kingdom, has become the global leader in mobile processors and has aggressively expanded into desktop, notebook and data center markets. It was acquired by Japan's SoftBank in 2016, but ARM is still in British hands.

Now that British regulators have launched a second phase of their review of the ARM takeover,The latest news is that the UK opinion does not want NVIDIA to buy ARM, but rather ARM to be listed on the London Stock Exchange.

ARM is listed through IPO, which is another way announced by SoftBank before being acquired by NVIDIA. On the one hand, it can solve the financing problem, and on the other hand, it can remain independent after being listed. This is the most acceptable choice for many countries, while being acquired by NVIDIA will easily trigger anti-trust review in many countries and regions.

For NVIDIA, the deadline for their acquisition of ARM is March of next year, but they can extend it up to September of next year, which is two years. If they don't complete the review, it's really a failure,NVIDIA is paying $1.25 billion in liquidated damagesAbout 8 billion yuan.

不愿意卖给NVIDIA公司 英国更倾向于ARM变上市公司

translate engine: Youdao

China IT News APP

Download China IT News APP

Please rate this news

The average score will be displayed after you score.

Post comment

Do not see clearly? Click for a new code.

User comments