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November 16, 2021 11:36 pm

Nvidias Arm acquisition undergoes more scrutiny by the UK government





Illustration by Alex Castro / The Verge



Nvidia’s $40 billion proposed acquisition of the Brtish chip designer, Arm, will undergo an even more in-depth investigation by the UK’s Competition and Markets Authority (CMA), as reported by CNBC. A notice on the UK government’s website confirms that Nadine Dorries, the UK’s Secretary of State for Digital, Culture, Media, and Sport, ordered the CMA to launch a Phase 2 investigation. The probe will take place over a 24-week period and will scrutinize potential national security risks and competition concerns associated with the acquisition.


The CMA completed its Phase 1 probe in August — which you can now read in its entirety as a PDF — with CMA’s chief executive Andrea Coscelli commenting that “NVIDIA controlling Arm could create real...



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Original Link: https://www.theverge.com/2021/11/16/22785832/nvidias-arm-acquisition-scrutiny-uk-government

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