Britain to scrutinise Arm takeover

FILE PHOTO: The Nvidia booth is shown at the E3 2017 Electronic Entertainment Expo in Los Angeles, California, U.S., June 13, 2017. REUTERS/ Mike Blake

LONDON - Britain’s government will scrutinise a deal by Nvidia Corp to buy British chip designer Arm including what it might mean for the company’s headquarters in England, a spokesman for Prime Minister Boris Johnson said on Monday. “We are investigating this deal further and ministers have spoken to the relevant companies,” the spokesman said.

“The deal was announced earlier this morning and we will scrutinising it in close detail including exactly what it means for the Cambridge HQ.” “The enterprise act provides the government with powers to intervene in mergers where they raise concerns about national security, financial stability, media plurality and maintaining in the UK the capability to combat and to mitigate the effects of public health emergencies.”

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“Arm will remain headquartered in Cambridge. We will expand on this great site and build a world-class AI research facility, supporting developments in healthcare, life sciences, robotics, self-driving cars and other fields. And, to attract researchers and scientists from the UK'

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Nvidia nears deal to buy chip designer Arm for more than $40 billion - sourcesNvidia Corp is close to a deal to buy British chip designer Arm Holdings from SoftBank Group Corp for more than $40 billion in a deal which would create a giant in the chip industry, according to two people familiar with the matter. fuck the earth debasing Nvidia Lame
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Nvidia to buy chip designer Arm for $40 billion as SoftBank exitsNvidia Corp will buy UK-based chip designer Arm from Japan's SoftBank Group Corp for as much as $40 billion, the companies said on Monday, in a deal set to reshape the global semiconductor landscape. nooooooooooooooooo galgitron SoftBank is known as a telecom company in Japan. But I think the company is known as a investment company in the world.
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