A number of British ministers believe the sale of ARM computer chip developer Nvidia is unlikely to take place, and welcomed his return to the London stock market. Writes about it Daily mail…
According to media reports, politicians have called on the tech giant to return to the stock exchange and list in London if regulators block the deal.
“Many in the government do not think that the deal will take place, and want the company to return to the London Stock Exchange,” said one of the interlocutors of the publication.
Rolls-Royce CEO and former ARM director Warren East agreed with this position:
“It’s nice to see support. What matters is that British technology has an impact on the world. “
Last week, the UK government launched a second phase of its investigation into the ARM-Nvidia deal. According to the Minister of Digital Development and Culture, it will last about six months.
As a reminder, in September 2020, Nvidia announced on the purchase of the ARM processor developer from the Japanese Softbank for $ 40 billion. The deal was planned to be closed by March 2022, but the intervention of the regulators of some countries suspended the merger.
A number of ARM partners opposed the purchase, including Google, Qualcomm and Microsoft.
In April 2021, the UK government intervened in the deal due to “national security concerns.”
In July, UK regulators announced they were continuing their investigation into the merger of the two companies.
Subscribe to Cryplogger news on Telegram: Cryplogger AI – all the news from the world of AI!
Found a mistake in the text? Select it and press CTRL + ENTER
A number of British ministers believe the sale of ARM computer chip developer Nvidia is unlikely to take place, and welcomed his return to the London stock market. Writes about it Daily mail…
According to media reports, politicians have called on the tech giant to return to the stock exchange and list in London if regulators block the deal.
“Many in the government do not think that the deal will take place, and want the company to return to the London Stock Exchange,” said one of the interlocutors of the publication.
Rolls-Royce CEO and former ARM director Warren East agreed with this position:
“It’s nice to see support. What matters is that British technology has an impact on the world. “
Last week, the UK government launched a second phase of its investigation into the ARM-Nvidia deal. According to the Minister of Digital Development and Culture, it will last about six months.
As a reminder, in September 2020, Nvidia announced on the purchase of the ARM processor developer from the Japanese Softbank for $ 40 billion. The deal was planned to be closed by March 2022, but the intervention of the regulators of some countries suspended the merger.
A number of ARM partners opposed the purchase, including Google, Qualcomm and Microsoft.
In April 2021, the UK government intervened in the deal due to “national security concerns.”
In July, UK regulators announced they were continuing their investigation into the merger of the two companies.
Subscribe to Cryplogger news on Telegram: Cryplogger AI – all the news from the world of AI!
Found a mistake in the text? Select it and press CTRL + ENTER
