Nvidia softbank call off blockbuster arm deal nvidia buy arm holdings softbank geforce now by softbank geforce now closed beta nvidia geforce you appear to be offline geforce now for softbank geforce now by softbank nvidia softbank investment nvidia and softbank nvidia softbank call off blockbuster arm deal softbank and alibaba softbank and arm
SoftBank and Nvidia call off $40 billion deal for Arm
SoftBank and Nvidia announced Tuesday they had terminated their deal to sell chipmaker Arm to Nvidia, citing "regulatory challenges" as a factor in the decision. The acquisition was expected to be worth $40 billion, a deal described as the largest ever in the chip industry.
SoftBank said it now plans to pursue an initial public offering for Arm by March 31, 2023, in developments reported by the Financial Times on Monday. The IPO is estimated to be worth as much as $80 billion.
"Arm has a bright future, and we'll continue to support them as a proud licensee for decades to come," Nvidia CEO Jensen Huang said in a statement. "Though we won't be one company, we will partner closely with Arm."
Japanese tech giant SoftBank agreed to sell Arm to Nvidia in September 2020 but struggled to win regulatory approval. The US Federal Trade Commission sued to block Nvidia's takeover, arguing that it would harm competition, and the UK government opened an investigation into the deal.
Arm isn't as well known as chipmakers Qualcomm and Intel, but its work lies behind the processors inside virtually all the world's mobile phones because it licenses chip designs and related technology to companies like Apple, Samsung and Qualcomm. Arm technology also is used in Apple M1 Mac chips and Amazon Graviton chips.
SoftBank purchased the UK-based Arm in 2016 for $32 billion with the intent of bolstering its internet of things division. Nvidia had said it expected the tie-up to boost its artificial intelligence ambitions.
Arm also announced that Simon Segars would step down as chief executive and a member of the board, with President Rene Haas assuming his duties.
Source
Blog Archive
-
▼
2022
(203)
-
▼
November
(56)
- SoftBank And Nvidia Call Off $40 Billion Deal For Arm
- Twitter Bans Climate Change Denial Ads
- Ken Block's Hoonipigasus Is A 1,400-HP Porsche 911...
- Intel Upgrades Quantum Computer Ambitions With New...
- Save Hundreds On Recent IPhone And Apple Watch Mod...
- 'God Of War' TV Show Adaption Might Be Heading To ...
- Facebook, Twitter, TikTok Receive Failing Grades O...
- Hyundai Is Spending $5.5 Billion To Build EVs, Bat...
- Met Gala 2022: Start Time Tonight, Theme And How T...
- 2023 Genesis GV60 Is A Futuristic EV
- The Xiaomi Mi Band 5 Fitness Watch Just Dropped To...
- RedMagic 7: A Little Bit Android, A Little Bit Nin...
- Satellite Snaps Wowza Space Selfie With Off-the-Sh...
- The School-friendly Lenovo 100E Chromebook Is Just...
- What To Do If A Loved One Asks To Borrow $1,000
- Democrats Propose $100 Monthly Gas Stimulus To Com...
- 11 Last-minute Gifts You Can Give To Kids Of Any Age
- Netflix Lays Off Workers From Its Tudum Fandom Web...
- Wall-size, Million-dollar MicroLED TVs Point To Th...
- LG Delivers A 32-inch OLED Monitor... If You Want ...
- Wordle Is Being Released As A Board Game In October
- 'Paper Girls' Review: Newsies Vs. Terminator, But ...
- Lenovo Legion 2 Gaming Phone To Sport Four Ultraso...
- Android 13 Has Arrived On Google Pixel Phones
- GoPro Hero 10 Black Review: Pushing Boundaries Onc...
- Great Father's Day Gifts For Soon-to-Be Dads
- 9 Great Reads From CNET This Week: Extinction, Air...
- Sony Confirms 'Venom 3' And 'Ghostbusters: Afterli...
- Eufy Video Doorbell Dual Review: Are 2 Cameras A G...
- Intel's Mobileye Expands Self-Driving Car Tests, S...
- Snapchat's Augmented Reality Lenses Can Span Whole...
- 2021 Tesla Model Y Review: Nearly Great, Criticall...
- Microsoft's Surface Laptop Studio Is $300 Off Toda...
- Over $3M Has Been Spent On GameStop's NFT Marketplace
- 3D-Print Your Face On Star Wars And Disney Action ...
- How To Clean Your Mattress At Home
- 'Hey Facebook, Take A Photo': The Social Network's...
- How To Download Wordle And Play Offline For The Ne...
- MacBook Pro 16-inch: Bye-bye Butterfly Keyboard
- Best Black Friday Deals Available Now: 4K TVs, Bea...
- Apple's 2022 IPhone SE Has 5G And A New Chip. But ...
- War In Ukraine Brings Out Scammers Trying To Explo...
- Netflix Aims To Start Charging You For Password Sh...
- I Used Loop To Hack My Insulin Pump To Better Cont...
- See How Easy The GoPro Omni Makes Shooting 360 VR ...
- The Coolest Gaming Gadgets We Saw At CES 2018
- AI Helps The Powerful But Harms The Vulnerable, Mo...
- Xiaomi's Mi 10T Pro 5G Has A Super Smooth 144Hz Di...
- Xiaomi Mi Notebook Air Review: Xiaomi's $750 Lapto...
- Lenovo Glasses T1 Are Wearable Displays That Also ...
- Mario Strikers Trailer Shows Off Chaotic Soccer Ac...
- 2021 Ford Escape Plug-In Hybrid Review: Unexciting...
- HexClad Review: A Hybrid Stainless Steel Nonstick ...
- 2023 Acura Integra Review: Exactly What It Should Be
- Meet Moog's Music Machines, Made In America
- How To Control Your GoPro With Your Apple Watch
-
▼
November
(56)
Total Pageviews
Search This Blog
Popular Posts
-
Contoh skripsi, contoh skripsi perpajakan, contoh skripsi pdf, contoh skripsi keperawatan, contoh skripsi pgsd, contoh skripsi e learning, c...
-
Contoh discussion text about handphone samsung, contoh discussion text about handphone terbaru, contoh discussion text about handphone acces...
-
Contoh form data karyawan, contoh form data karyawan baru, contoh formulir, contoh formulir kesediaan, contoh formulir bahasa inggris, conto...