Wednesday, June 4, 2025
Phonemantra
No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming
No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming
No Result
View All Result
Phonemantra
No Result
View All Result
Home ARM

Evening Standard: NVIDIA will agree to buy ARM before the end of summer for $ 50 billion

Evening Standard: NVIDIA will agree to buy ARM before the end of summer for $ 50 billion

Competition for the purchase of British tech giant ARM is heating up: As reported by the London Evening Standard, American manufacturer NVIDIA has embarked on exclusive negotiations. Sources say the takeover will be completed by the end of the summer, and the deal could reach £ 40bn ($ 52.3bn).

ARM
ARM

ARM, a Cambridge-based chip development company, was put up for sale by Japanese Softbank back in April, with Goldman Sachs hired to contact interested buyers. The Softbank holding decided to sell such a valuable resource due to the fact that it itself is in a difficult situation: it suffered heavy losses after a series of unsuccessful investments, for example, in WeWork.

In April, Goldman Sachs approached Apple, which refused to buy the business. Then the bank tried to attract a consortium as buyers, which were supposed to include Qualcomm, Samsung, and NVIDIA – each would receive a certain share in ARM. However, Californian NVIDIA turned out to be the only interested buyer.

Softbank founder Masayoshi Son is seeking £ 40bn – nearly double the amount he paid in 2016 for the UK-based company. However, the takeover may not be approved by the British government, which in the same 2016 insisted that Softbank retain the ARM headquarters in the UK and increase its staff. Perhaps NVIDIA will have to agree to the same conditions.

The deal could also cause tensions in trade negotiations with Japan. Britain hopes to quickly strike a trade deal with Japan before leaving the European Union next year. All parties declined to comment.

  • 0Facebook
  • 0WhatsApp
  • 0Twitter
  • 0Pinterest
  • 0Reddit
  • 0Telegram
  • 0Skype
  • 0Facebook Messenger
  • Copy Link
  • 0Print
  •  shares

Related Posts

ARM

ARM Notebooks Get More Powerful With New Cortex-A78C Cores

November 4, 2020 - Updated on May 2, 2023
ARM

China to ruin NVIDIA-Arm deal, analysts say

October 18, 2020 - Updated on December 8, 2022
ARM

ARM co-founders fear NVIDIA takeover

September 5, 2020 - Updated on December 8, 2022
ARM

ARM introduced ARM Cortex-A78 cores for next-generation flagships

May 27, 2020 - Updated on December 8, 2022

Recommended Stories

new Call of Duty

“Be afraid of wolves – don’t go into the forest,” the first trailer for the new Call of Duty appeared

August 10, 2023

Xiaomi smart watch IP68,12 training modes, 30 days of autonomy and constant heart rate monitoring for $21

April 5, 2020 - Updated on December 8, 2022

OPPO unveils the Band Vitality Edition fitness bracelet with a runtime of up to two weeks

May 7, 2021

Ads

Popular Stories

  • Coping with Diabetes During the Summer Heat

    Coping with Diabetes During the Summer Heat

    0 shares
    Share 0 Tweet 0
  • Food Allergies

    0 shares
    Share 0 Tweet 0
  • Why Colon Health Should Be a Top Priority

    0 shares
    Share 0 Tweet 0
  • The Importance of Speaking Up About Healthcare Decisions

    0 shares
    Share 0 Tweet 0
  • The Truth About Dieting

    0 shares
    Share 0 Tweet 0
Phonemantra

© 2025 Phonemantra

Navigate Site

  • Our Team
  • Sitemap
  • Legal Disclaimer
  • Privacy Policy
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming

© 2025 Phonemantra