Nvidia's Arm acquisition faces investigation from EU

[UltraMega]

Quote

"Our analysis shows that the acquisition of Arm by Nvidia could lead to restricted or degraded access to Arm's IP, with distortive effects in many markets where semiconductors are used," she added.

 

The takeover is also be scrutinized by regulators in the U.S., the U.K. and China.

 

"We are working closely with the European Commission through the regulatory process," an Nvidia spokesperson told CNBC.

https://www.msn.com/en-us/money/companies/nvidias-2440-billion-takeover-of-arm-faces-in-depth-investigation-from-eu/ar-AAQ0Vmn?ocid=BingNewsSearch&PC=EMMX01

 

I haven't been following this too closely but IIRC the EU was looking at this to figure out if they wanted to make it a higher level issue and potentially try to block the acquisition and now it seems that is indeed the course this is headed for. 

 

Seems like a terrible merger that should definitely be blocked. Nvidia will definitely lock down arm as much as they can if it happens given their track record. 

Edited October 29, 2021 by UltraMega

[ENTERPRISE]

Yeah I am not a fan of Nvidia absorbing ARM. Considering Nvidia's moves past and recent, I can only see negative outcomes for the consumer.