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.

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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.

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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.

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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.

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