Nvidia refused to buy ARM

Nvidia refused to buy ARM

   Nvidia has refused to buy ARM for $ 40 billion. On September 13, 2020, Nvidia announced that it would acquire ARM for $ 40 billion. Thus, the company planned to take advantage of all ARM technologies. However, the purchase process, which lasted for 2 years, failed.

   The main reason for this refusal was the protests of companies cooperating with IRC, such as Google, Microsoft, Qualcomm, and the lack of consent of government agencies monitoring the monopoly. Thus, the $ 40 billion purchase process failed. Monopoly regulators such as the FTC did not allow Nvidia to acquire the IRC. The main reason for this is the possibility of a monopoly if technology giants such as ARM are sold to Nvidia. The documents provided by Nvidia to regulators were not considered sufficient for approval. Therefore, Nvidia has announced that the contract with Softbank Group, the main owner of ARM, has been terminated. Following the decision, Nvidia plans to pay $ 1.2 billion in compensation under the contract. ARM officials said that after this decision, ARM`s share documents will be made public and those who wish will be able to receive a share document from the company.

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