![]() ![]() The company has said the deal wouldn't be completed until early 2022 because it also faces regulatory scrutiny from the U.S., China and the European Union. LONDON (Reuters) -Britain’s competition regulator said on Wednesday it would start an investigation into Nvidia Corp’s 40 billion deal to buy UK-based chip designer Arm Holdings. Ten years on, three antitrust cases and more than 8 billion euros (9.7 billion) in fines against Google, Vestager is still dogged by complaints from hundreds of Google critics that she has failed. It also agreed to keep Arm's headquarters in Cambridge, England and expand its British staff. ![]() The top line also climbed 6, quarter on quarter. Revenues of 5 billion beat the consensus mark by 3.6 and jumped 61 year over year as well. The reported figure also surged 64 year over year and 7 sequentially. Nvidia pledged to maintain Arm's open licensing model and customer neutrality. U.K watchdog begins investigating Nvidias 40 billion takeover of Arm. NVIDIA delivered fourth-quarter fiscal 2021 non-GAAP earnings of 3.10 per share, beating the Zacks Consensus Estimate by 10.7. The deal raised concerns that Arm would abandon its neutral business model of licensing its chip designs to hundreds of tech companies, including many of Nvidia's rivals. Nvidia said last year it was buying Arm Holdings from Japan's technology giant Softbank. U.K.-based Arm Ltd., whose chip designs power the vast majority of the world's smartphones, declined to comment, as did Nvidia Corp., which is based in Santa Clara, California. The watchdog said it will examine whether the deal will give Arm "an incentive to withdraw, raise prices or reduce the quality" of its services to Nvidia's chipmaking competitors.Īndrea Coscelli, chief executive of the Competition and Markets Authority, said the watchdog "will work closely with other competition authorities around the world to carefully consider the impact of the deal and ensure that it doesn't ultimately result in consumers facing more expensive or lower quality products." The Competition and Markets Authority said Wednesday it will look into the deal's effect on how Arm treats Nvidia's rivals. The company’s chip designs are used in iPhones, iPads, Macs, Android phones, servers and more. ![]() Arm Holdings is the UK’s most successful tech firm, and is at the center of the semiconductor industry. British regulators are investigating graphics chip maker Nvidia's US$40 billion purchase of chip designer Arm over concerns about its effect on competition. JanuBritain’s Competition and Markets Authority (CMA) is launching an investigation into Nvidia’s acquisition of Arm Holdings. ![]()
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