SK Hynix CEO: ‘I want to buy Arm’
SK Hynix is considering the acquisition of Arm. "We are reviewing the possibility of forming a consortium to jointly acquire it."
"I want to buy Arm, entirely or not", said CEO Park Jung-ho during an annual shareholder meeting. "It doesn't have to be a majority of shares to be able to control th... Read more
Arm lays off 12 to 15 percent of staff after Nvidia deal falls through
Softbank is reorganizing subsidiary Arm and plans to take the chip technology specialist public. The move will lead to job losses of 12 to 15 percent.
According to The Telegraph, Softbank wants to take Arm public. To make it happen, Softbank has to reorganize. CEO Rene Haas announced that employ... Read more
Nvidia throws in the towel: ‘Arm acquisition will likely fall through’
Nvidia is preparing to stop its planned acquisition of Arm. Bloomberg reported the news based on anonymous sources familiar with the matter.
In 2020, Nvidia offered $40 billion to acquire Arm. According to Bloomberg, the plan is likely to be terminated. Sources familiar with the matter claim tha... Read more
The UK begins an exhaustive probe of the Nvidia-Arm acquisition
On Tuesday, Britain ordered an in-depth investigation of the planned $50+ billion acquisition of Arm by Nvidia. Arm is a UK-based chip designer that will have to go through this hurdle, following the proposed deal that has seen pressure to turn the regulatory screws by other concerned market titans... Read more
European Commission puts Nvidia-Arm merger under a microscope
The EC is launching an 'in-depth' antitrust probe into the proposed deal.
The European Commission announced this week that it has opened an in-depth investigation into Nvidia's proposed $40 billion acquisition of U.K.-based chip technology vendor Arm.
The European Union regulator said it is c... Read more
EU plans to investigate intended ARM acquisition by Nvidia
Nvidia’s bid to buy British chip designer ARM will face more scrutiny from EU antitrust watchdogs after concessions offered last week failed to address concerns raised by the competition, according to three people close to the matter.
An EU investigation would be a second blow to Nvidia, as it... Read more
Nvidia offers EU concessions to gain approval for Arm deal
The concessions aim to avoid rejection or further investigations into the Nvidia's plans to buy Arm.
This week Reuters reported that Nvidia has offered the EU concessions as it struggles to gain antitrust approval for its $54 billion acquisition of British chip designer Arm. Reuters pulled the i... Read more
EU to launch formal probe into Nvidia’s 54 billion takeover of Arm
A major deal between two global chip makers now appears to hinge on Europe.
The Financial Times has reported that Brussels may launch a formal competition probe early next month into Nvidia’s pending $54bn takeover of British chip designer Arm. The investigation comes after months of informal ... Read more