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US regulator blocks Nvidia’s planned $75 billion acquisition of British chip maker Arm

The United States Federal Trade Commission (FTC) sued to block US chip supplier Nvidia Corp’s planned $75 billion acquisition of British chip design provider Arm. The FTC said the proposed vertical deal would give one of the largest chip companies control over computing technology and designs that competitors rely on to develop their own competing […]

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Business

US firm Nvidia buys British semiconductor and software design company ARM for $40 billion

British semiconductor and software design company, ARM Holdings is being sold to the American graphics chip specialist Nvidia. The deal values ARM at US$ 40 billion, four years after it was bought by Japanese conglomerate Softbank for US$ 32 billion. ARM’s technology is at the heart of most smartphones, among many other devices. Nvidia has […]