Google, Microsoft, Qualcomm object to Nvidia-ARM deal
As the FTC’s investigation gets under way Google, Microsoft and Qualcomm have all said the deal will hamper their access to a vital technology and at least one of the three has called for the deal to be blocked, Bloomberg said referencing unnamed sources .
Graphics and AI chip and board vendor Nvidia agreed a $40 billion deal to buy ARM from SoftBank Group back in September 2020 saying the deal could take up to 18 months to clear anti-trust hurdles (see ARM sale to Nvidia agreed at $40 billion).
The agreement is being scrutinized by competition authorities around the world, including the US Federal Trade Commission (FTC), the European Commission, the UK’s Competition and Markets Authority and China’s State Market Regulatory Administration.
Qualcomm and many other companies rely on ARM licenses to build their chips and are fearful that if ARM were owned by Nvidia, equality of access opportunity would be come under pressure in markets where Nvidia would set up in competition.
Jensen Huang, CEO of Nvidia, has promised to preserve the ARM business model and to keep the company headquartered in England, in attempts to alleviate concerns.
Related links and articles:
ARM sale to Nvidia agreed at $40 billion
Opinion: Nvidia’s bad deal is not yet done
Jensen Huang’s defence of the Nvidia-ARM deal
Europe set to examine Nvidia-ARM deal
UK authorities launch probe into Nvidia-ARM deal
China likely to block Nvidia-ARM deal, says ex-Lenovo exec
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