Graphics chipmaker Nvidia has terminated its purchase of Softbank's Arm due to concerns raised from regulators and Arm's current customer base.
In late 2020, Nvidia announced it would be buying Arm from SoftBank for nearly $40 billion in a cash and stock-based purchase. Nvidia's shares have since increased in value, making the deal worth roughly $66 billion today.However, by January 2022 that Nvidia was already considering backing out of the deal.
Read more...
from AppleInsider News https://ift.tt/NuTqjZc
In late 2020, Nvidia announced it would be buying Arm from SoftBank for nearly $40 billion in a cash and stock-based purchase. Nvidia's shares have since increased in value, making the deal worth roughly $66 billion today.However, by January 2022 that Nvidia was already considering backing out of the deal.Read more...
from AppleInsider News https://ift.tt/NuTqjZc
Nvidia officially backing out of $66 billion acquisition of Arm
![Nvidia officially backing out of $66 billion acquisition of Arm]()
Reviewed by Ghaniiero
on
février 07, 2022
Rating:
Aucun commentaire: