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FTC sues Nvidia over Arm . acquisition

Youssef GhazalyBy Youssef GhazalyDecember 5, 2021No Comments1 Min Read

In the latest twist in the Nvidia-Arm acquisition saga, the US Federal Trade Commission (FTC) has filed a lawsuit against Nvidia in an effort to block its $40 billion purchase of ARM.

The FTC’s rationale behind the move is to prevent the stifling of innovation it believes will result if the merger continues. Moreover, the FCC believes that Nvidia will have an unfair advantage in accessing sensitive information over competitors such as Qualcomm, Samsung and Apple because these companies rely on Arm-licensed chip designs.

It was initially expected that the merger of the two companies would take 18 months to complete but now it appears that will not be the case.

The US Federal Trade Commission expects the administrative trial to begin on August 9, 2022.

Nvidia has since issued a statement that it will continue to “work to demonstrate that this transaction will benefit the industry and promote good competition.”

Nvidia has also reinstated its plans to keep the open Arm licensing model, which it says will create more opportunities for all companies that use licensed Arm designs.

Source

Youssef Ghazaly
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Youssef Ghazaly is a talented individual from Egypt, specifically from Ismailia. He is known for his expertise as a director of websites on the Internet and serves as the manager of the mhma12.tech website, which specializes in handling technical issues. Youssef Ghazaly's passion for technology and his skills in website management have allowed him to excel in his field. Through his work, he has gained valuable experience in navigating the intricacies of the online world and resolving various technical challenges. Youssef Ghazaly's dedication to his profession and commitment to delivering high-quality services make him a valuable asset in the realm of website management and technical problem-solving.

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