End clap, Nvidia renounces the acquisition of ARM

End clap, Nvidia renounces the acquisition of ARM

The acquisition of the company ARM Limited by Nvidia will not succeed, “the parties have agreed to terminate the agreement due to significant regulatory challenges preventing the transaction “, can we read in a press release. The merger of these two companies in fact aroused the concern of the American and European competition agencies.

A return to the stock market?

You should know that ARM holds a large number of patents that allow most manufacturers to develop the chips essential to computer and electronic devices. The amount mentioned for the acquisition of ARM by Nvidia was 66 billion dollars.

Now that the failure of the negotiations has been confirmed, ARM is considering a return to the financial markets: “ARM is becoming a center of innovation not only in the mobile phone revolution, but also in the cloud, automotive, Internet of Things and the metaverse.said Masayoshi Son, chairman and CEO of SoftBank, “we will seize this opportunity and start preparing for ARM’s IPO, and make even more progress“.

Source: Nvidia

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