Nvidia will acquire ARM for $40 billion


Bloomberg reported that, according to people familiar with the matter, Nvidia is about to reach a deal to acquire ARM, a chip manufacturer under SoftBank, which will extend its reach to the field of mobile devices.

These people familiar with the matter said the transaction may be announced as soon as next week. Two of them said that the two companies have been discussing a transaction, the cash and stock value of the acquisition of ARM is about 40 billion US dollars.


Where To Buy Cheaply


They said that no deal has yet been reached, and negotiations may still break down. Bloomberg reported on July 31 that Nvidia is currently in advanced negotiations to acquire ARM and is currently the only one who has the most hope to acquire ARM. The Wall Street Journal reported on Saturday that a deal worth more than $40 billion may be concluded early next week.

RELATED:  Twitter Users Can Now Limit Replies on iOS Apps

Representatives of Nvidia and SoftBank declined to comment.

Naijatechnews understands that the ARM transaction may be the largest ever transaction in the semiconductor industry, which has been consolidating in recent years because companies are seeking to diversify and increase scale. However, any agreement is likely to attract intense regulatory review and potential complaints from ARM competitors, such as Samsung Electronics, Apple, Qualcomm, Broadcom, Intel and Huawei, which are authorized by ARM to design or code their products.

RELATED:  Dollar to Naira Exchange Rate Today

Although ARM has opened up a successful niche market for itself through an independent approach, the acquisition of Nvidia, which is also a licensee, will challenge this neutrality. SoftBank’s acquisition was largely uncontroversial, because the Japanese company is not a competitor to any of ARM’s customers.


If you think this post can be helpful to somebody else, please share it on Twitter, Facebook or Whatsapp it to friends. There are buttons below for this (easy to use too)! Join Over 5,000 + Readers. Get a free daily update via Email HERE


For the latest tech news across the world, latest PC and Mobile games, tips & tricks, top-notch gadget reviews of most exciting releases follow Naijatechnews' FacebookTwitter, Instagram & Telegram. Subscribe our Google News, & YouTube Cannel.

Get real time updates directly on you device, subscribe now.

Leave A Reply

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy