When NVIDIA announced its plans to take over the British semiconductor designer Arm Ltd., the deal has raised a lot of eyebrows of regulators from across the world. Today, according to the latest report from Bloomberg , Nvidia’s acquisition of Arm could be potentially blocked by the UK government. Back in October of 2020, Nvidia announced a definitive agreement with Softbank to acquire the UK’s top supplier of semiconductor designs, Arm Ltd., for a whopping amount totalling $40 billion. Softbank is expected to remain a shareholder at Arm, totalling less than 10% of the company Nvidia is trying to acquire. However, the sheer size of the deal caught the attention of many regulators from across the world. Perhaps the biggest potential threat to the deal is the effort of the UK government to investigate the deal and look for any potential national security concerns that may occur. We have previously reported that the European Commission is a potential deal-breaker for the acquisition, as Nvidia has to submit all the paperwork by September of this year. In the best-case scenario, the paperwork will be processed in six months, meaning that the deal could get approval by March 2022. However, experts note… Read full this story
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