ARM Sold to NVIDIA

[inmediovirtus]

 

Summary

Softbank completes sale too Nvidia of ARM at $40bn in stocks and cash. Softbank bought ARM for $32Bn four years ago.

 

Quotes

Quote

Nvidia said the takeover would create "the premier computing company for the age of artificial intelligence" (AI).

"ARM will remain headquartered in Cambridge," added a statement from the US firm's chief executive Jensen Huang.

 

But two of the company's co-founders had also raised other issues about the takeover.

Hermann Hauser and Tudor Brown had suggested ARM should remain "neutral", rather than be owned by a company like Nvidia, which produces its own processors.

The concern is that there would be a conflict of interest since ARM's clients would become dependent on a business with which many also compete for sales.

 

My thoughts

I think this will make it harder for Nvidia to avoid the gaze of Trump when it comes to ARM selling chip designs to the Chinese. It will also increase the risk of Nvidia trying to bully many of it's AI hardware competitors who all rely on ARM chips for lightweight specialised units such as self driving car computers.

 

Sources

https://www.bbc.co.uk/news/technology-54142567 

[SansVarnic]

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