Britain’s Digital Secretary Intervenes During Huge Arm-Nvidia Deal
California-based company Nvidia plans to acquire British semiconductor giant Arm Holdings for $40 billion dollars. Forbes reports, “Nvidia announced last September that it reached a deal with Softbank to acquire U.K. based semiconductor and software design company Arm Ltd. for $40 billion, making it one of the biggest acquisitions in tech.” Britain’s Digital Secretary, Oliver Dowden has published a Public Interest Intervention Notice (PIIN) due to his concerns about the transaction.
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