09-15-2020, 06:46 AM
https://techreport.com/news/3473315/nvid...0-billion/
Quote:SoftBank purchased Arm in 2016 for $31 billion. Journalist Alistair Barr points out that when SoftBank paid that price, Nvidia was worth just $30 billion (a huge sum, but paltry in comparison), and adds that Nvidia has generated $40 billion in market value since rumors of the purchase first hit in July.
This purchase will certainly kick off all manner of regulatory investigation. Bloomberg notes that China, the UK, the European Union, and US authorities must sign off on the deal. That process may take well over a year, past Nvidia’s estimated purchase completion date of September 2021. Arm customers like Apple are sure to raise a stink, too; That’s despite Nvidia CEO Jensen Huang’s assurance that he doesn’t want to do anything to scare off existing clients. Current owner SoftBank is more of a holdings company and doesn’t otherwise compete with any of Arm’s competitors the way Nvidia does.
Nvidia’s purchase of Arm is going to be in the news for months if not years to come. Already, though, this is considered the biggest purchase ever in the semiconductor industry.