Monday, 18 October 2021

Arm founder wants govt to block sale to NVIDIA

by Harry Baldock, Total Telecom
Tuesday 22 September 20

Hermann Hauser, who co-founded Arm in 1990, said the deal would be akin to “making Britain a US vassal state”

The sale of Arm Holdings, one of the UK’s flagship tech companies, to US giant NVIDIA for the enormous sum of around $40 billion is becoming increasingly controversial. The sale, confirmed by Japanese conglomerate SoftBank yesterday, is not only a deal of astonishing magnitude, but could have ramifications for the UK’s international standing on the technology ladder…

The sale of Arm Holdings, one of the UK’s flagship tech companies, to US giant NVIDIA for the enormous sum of around $40 billion is becoming increasingly controversial. The sale, confirmed by Japanese conglomerate SoftBank yesterday, is not only a deal of astonishing magnitude, but could have ramifications for the UK’s international standing on the technology ladder…

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