Nvidia vows to counter any EU concerns over $54bn Arm takeover
Investigation into US tech firm’s proposed acquisition of British chip designer expected
The US multinational technology company Nvidia has said it will answer “any concerns” raised by the European Commission as regulators appeared set to launch an investigation into the firm’s proposed $54bn (£39bn) purchase of the British chip designer Arm.
The world’s leading maker of graphics and artificial intelligence chips is expected to notify the commission early in September of its plan to purchase Arm, when regulators would likely undertake a preliminary review.
Source: Business – The Guardian