Nvidia exits from its proposed $40B acquisition of Arm
Nvidia is walking away from its proposed $40 billion acquisition of British chip designer Arm.
The deal caught the attention of global regulators with anti-competition investigations launched in several jurisdictions including the UK, EU, and US.
In November 2021, UK Digital Secretary Nadine Dorries decided to block the merger pending the results of a 24-week ‘Phase 2’ investigation.
With the merger looking almost impossible to be approved by regulators,...