EU to probe Nvidia’s $54bn ARM bid after concessions fail to allay concerns October 12, 2021 US tech company Nvidia’s $54bn bid for British chip designer ARM is set for a prolonged EU antitrust investigation. Concessions offered last week failed to address competition concerns, three people familiar with the matter said. This will be the second setback for the California-based tech firm after the UK’s watchdog warned the deal could damage [...]
Global chip crisis boosts Arm sales amid Nvidia takeover row August 10, 2021 A global chip shortage has helped drive a surge in sales at British semiconductor giant Arm ahead of its planned $40bn (£29bn) takeover by US rival Nvidia. Cambridge-based Arm reported a 57 per cent rise in total net sales to $675m in the three months to the end of June thanks to increases in both [...]
UK weighs up blocking £29bn Arm takeover by Nvidia due to potential risks to national security August 3, 2021 The UK is considering blocking US chip company Nvidia buying tech darling Arm for £29bn due to potential risks to national security, according to reports. According to Bloomberg, a Government-ordered report into the sale, delivered in late July from the CMA, contains worrying implications for national security and now Number 10 is currently inclined to reject [...]
Nvidia to put $100m into Cambridge supercomputer amid Arm probe June 17, 2021 Nvidia’s chief executive today said the company will spend at least $100m on a supercomputer in Cambridge as it seeks to demonstrate its commitment to the UK. The US tech firm is in the process of buying UK chipmaker Arm for $40bn, but regulators are currently examining the deal. Both the Competition and Markets Authority [...]
Qualcomm ready to swoop on Arm if $40bn Nvidia deal is blocked June 14, 2021 US tech giant Qualcomm has said it is ready to invest in British chipmaker Arm if a planned $40bn (£28bn) takeover by rival Nvidia is blocked by regulators. Nvidia last year agreed the bumper takeover deal for Cambridge-based Arm, but the merger is facing a national security review and competition probes in the UK and [...]
Screenshot: Is the Super League the biggest PR disaster of all time? April 23, 2021 This week **Media Moment of the Week: Radio loses a legend **Is the Super League the biggest PR disaster of all time? **Is Netflix’s pandemic party finally over? Media Moment of the Week: Radio loses a legend For many Brits, radio has been a much-needed source of entertainment (and company) during the pandemic. But long [...]
Explainer: Why has the UK intervened in Nvidia’s $40bn Arm merger? April 20, 2021 Ever since it was announced in September last year, Nvidia’s proposed $40bn (£30bn) takeover of British chipmaker Arm has proved controversial. Critics including rival tech firms and former Arm executives were quick to hit out at the deal, warning of a negative impact for Britain and the semiconductor industry more widely. Yesterday the government made [...]
UK launches national security review into Nvidia’s $40bn Arm takeover April 19, 2021 The UK has launched a review into Nvidia’s planned $40bn (£30bn) takeover of British chipmaker Arm amid concerns it could harm national security. Digital secretary Oliver Dowden today issued a public interest intervention notice (PIIN) relating to the proposed deal. Cambridge-based Arm is one of the world’s leading semiconductor companies. Chips are key to technologies [...]
Nvidia resists UK jobs guarantee after $40bn Arm takeover March 1, 2021 British chipmaker Arm is facing uncertainty over its future headcount as Nvidia resists a guarantee on jobs following its planned $40bn (£29bn) takeover. California-based Nvidia is in talks with the government over potential commitments linked to the mammoth merger, including maintaining Arm’s headquarters in Cambridge. The company has pledged to keep the chip giant in [...]
Screenshot: Will Facebook regret going nuclear over Australian news? February 19, 2021 This week **Media Moment of the Week: A jumbo jab mix-up **Will Facebook regret going nuclear in Australia? **Arm’s getting chippy Media Moment of the Week: A jumbo jab mix-up When Liam Thorp received a text inviting him for his first Covid jab he was confused, given the healthy 32-year-old is pretty low down the [...]