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UK expected to investigate Nvidia's bid for ARM on national security grounds - The Sunday Times

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UK ministers are expected to order an in-depth investigation of Nvidia Corp's planned 30 billion pounds($40.24 billion)acquisition of British chip designer ARM over antitrust and national security concerns, the Sunday Times reported.

Britain's Digital and Culture Secretary Nadine Dorries is expected to instruct Competition & Markets Authority to undertake a "phase two" probe of the deal

next week, the report added.More from ReutersSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

 

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