Nvidia Nears Deal to Buy Chip Designer Arm for More Than $40 Billion
September 12th, 2020Update: Immediate Hissy Fit
Via: Reuters:
Nvidia Corp’s $40 billion agreement to acquire Arm Ltd from SoftBank Group Corp is likely to meet strong opposition from Nvidia’s chip industry rivals, analysts say, with murmurs of protest emerging in South Korea and China within hours of the deal’s announcement.
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Massive.
Via: Reuters:
Nvidia Corp is close to a deal to buy British chip designer Arm Holdings from SoftBank Group Corp for more than $40 billion in a deal which would create a giant in the chip industry, according to two people familiar with the matter.
A cash and stock deal for Arm could be announced as early as next week, the sources said.
