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In IT, Innovation and Startups

NVIDIA is determined to acquire ARM while CMA is in mood to block the deal

6th August 2021 Matthew Weller

NVIDIA is determined to acquire ARM while CMA is in mood to block the deal Pin It

Last September, Nvidia confirmed that it wants to take over the British chip designer Arm for an amount of about US $ 40 billion. Given Arm’s neutral position vis-à-vis customers such as Qualcomm and Samsung, the deal is being investigated by the UK, Chinese, US and European competition authorities, among others.

UK is more determined to block the deal. In particular, the Competition and Markets Authority has concluded that the acquisition contains essential national security implications. However, no final decision has yet been taken, the UK can still approve the agreement subject to certain conditions. Minister Oliver Dowden will decide the merger further to be sought by the UK antitrust authorities.

Whether this further investigation will cause delays will have to remain. In any case, Nvidia has stated that the company wants to continue working with the UK government:

“We continue to work through the regulatory process with the UK government. We look forward to their questions and expect to solve any problems.”

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