Qualcomm, Microsoft, and Google jointly pressure regulators to oppose NVIDIA’s acquisition of ARM
Will this deal finally go through?
In September last year, NVIDIA announced that it would spend $40 billion to acquire ARM from Japan’s SoftBank!
At present, this transaction is breaking through the barriers of global antitrust agencies, including the United States, the United Kingdom, the European Union, and China.
According to multiple media reports, this week, Qualcomm, Microsoft, and Google joined forces to oppose the merger. The three companies are putting pressure on regulators to state that they are worried that the acquisition will damage ARM’s neutral status and affect its IP authorization.
Qualcomm also pointed out that after ARM is held by a US company, it may affect its business in China.
Judging from the current situation, it is not easy for NVIDIA to annex ARM. Analysts have given pessimistic expectations several times before. NVIDIA CEO Huang Renxun and ARM CEO Simon have come forward several times, emphasizing that ARM will continue to maintain its neutral position after the acquisition. They have said that even the headquarters will stay in the UK and so on.
So guys what do you think on a personal basis? Do you feel that this acquisition is ethical or should be allowed to proceed or not? Do let us know your thoughts on the same in the comments section below! Feel free to subscribe to the Inspire2Rise push notifications and our newsletter in order to receive more timely tech updates, leaks and much more!
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