NVIDIA announced the recovery of ARM for $40 billion to build a stronger artificial intelligence and high-performance computing company.
According to official estimates, the transaction will take 18 months to complete. The main task is to pass the audit of various regulatory agencies around the world, involving the United States, the United Kingdom, China, and the European Union.
Due to opposition from competitors, the US FTC (Federal Trade Commission) has intervened in the investigation and asked NVIDIA to submit more documents.
This is the second time that FTC has asked NVIDIA to submit information, and the content mainly revolves around anti-unfair competition. By convention, the FTC will retrieve a large number of internal documents and meet with executives.
Previous to this, some competitors (Intel, Qualcomm, Tesla, etc.) stepped up to warn FTC that NVIDIA’s annexation of ARM may break the latter’s technological neutrality, thereby destroying the competitive environment.
Judging from the information currently available, the EU, China, and UK regulators have not yet conducted a review of this transaction, and it is expected to start one after another next year.
After the transaction was announced, NVIDIA CEO Huang Renxun and ARM CEO Simon Segars have repeatedly come forward to ensure that ARM will not change its business model after the change of ownership, but ARM founder Hermann Hauser strongly opposed it.
(via)
