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Nvidia confirms $40B purchase of Arm, bringing together two chip giants

WorldNews Monday, 14 September 2020
Nvidia confirms $40B purchase of Arm, bringing together two chip giantsAfter weeks of on-and-off speculation, Nvidia this evening confirmed that it intends to buy chip design giant Arm Holdings for a total of up to $40 billion from existing owner SoftBank, which bought the company for $32 billion in 2016. The boards of all three parties have approved the outline of the deal. SoftBank could make, gasp, a profit on its expected sale of Arm for $40B The deal has a couple of...
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Video Credit: euronews (in English) - Published
News video: American firm offers billions for UK computer chip giant ARM

American firm offers billions for UK computer chip giant ARM 02:24

UK-based computer chip designer ARM Holdings is being sold to the American graphics chip company Nvidia for 33 billion euros. Arm is responsible for developing the processors in most of the world's mobile phones.View on euronews

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Arm Holdings Arm Holdings British global semiconductor and software design company


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