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Nvidia is acquiring Arm for $40 billion

The Verge Monday, 14 September 2020
Nvidia is acquiring Arm for $40 billionNvidia said Sunday it is acquiring chipmaker Arm from SoftBank for $40 billion. Arm will operate as an division of Nvidia and will remain headquartered in the UK, and, will “continue to operate its open-licensing model, while maintaining its global customer neutrality,” the company said. But the deal is still likely to face intense regulatory scrutiny.

SoftBank bought Arm in 2016 for $31 billion. The British company’s chips power mobile device processors for companies including Apple, Samsung, and Qualcomm. Arm has likely only increased in value since the SoftBank acquisition, with Microsoft making an ARM-based Surface and a version of Windows for Arm, and Apple planning to switch future Macs to Arm-based chips.

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News video: NVIDIA Buy ARM For $40 Billion

NVIDIA Buy ARM For $40 Billion 00:26

NVIDIA Buy ARM For $40 Billion

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