Nvidia’s $40 billion takeover of chip designer Arm faces a UK national security probe
KEY POINTS
- Digital and Culture Secretary Nadine Dorries ordered a “phase 2” probe into Nvidia’s $40 billion bid for Arm on Tuesday.
- The probe — to be carried out by the Competition and Markets Authority — will investigate antitrust concerns and national security issues associated with the deal.
- Arm was spun out of an early computing company called Acorn Computers in 1990.
- The company’s energy-efficient chip architectures are used in 95% of the world’s smartphones and 95% of the chips designed in China.
https://www.cnbc.com/2021/11/16/nvidias-arm-takeover-faces-uk-national-security-inquiry.html
