Saturday, 23 January 2021

Latest bump in the road for Nvidia–Arm deal as Arm China exec refuses to budge

by Harry Baldock, Total Telecom
Tuesday 03 November 20

A recent acquisition by Allen Wu, chief executive of Arm China, means he now owns four of the six key shareholders in the company, but the remaining two want him gone

When SoftBank agreed to sell its UK chipmaker Arm to Nvidia back in August for around $40 million, it was immediately clear that the deal would be problematic to finalise. The sheer scale of the deal alone meant that there were plenty of regulatory hoops to jump through, as well as growing politicisation of the semiconductor sector stirring sentiment around the world…

When SoftBank agreed to sell its UK chipmaker Arm to Nvidia back in August for around $40 million, it was immediately clear that the deal would be problematic to finalise. The sheer scale of the deal alone meant that there were plenty of regulatory hoops to jump through, as well as growing politicisation of the semiconductor sector stirring sentiment around the world…

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