Denied. Nvidia is said not to be able to buy Arm due to market disruption
As expected from previous indications, the US Federal Trade Commission (FTC) has she strongly opposed the plans Nvidia to buy and take over Arm, a leading chip designer for mobile phones, among others. According to the Commission as well as other authorities and agencies, the merger would harm competition. “The proposed agreement would disrupted Arm’s incentives in the markets with chips and would unfairly disadvantage Nvidia’s competitors, ”explains Holly Vedova, the commission’s decision.
Arm technology is used across industries and in the world of mobile phones, for example, Snapdragon chipsets stand on it. So a competitor, Nvidia. Concerns about disrupting a fair competitive environment so, according to many institutions, they are in place, although Nvidia understandably thinks the opposite.
“We will continue to work to prove this the transaction will benefit the sector and promote competition. We want to invest in Arm’s research and development, accelerate its plans and expand our offerings in ways that strengthen competition, create more opportunities for all licensees, and expand the ecosystem. Nvidia is committed to maintaining an open licensing model and ensuring that it is accessible to all interested licensees, current and future, ”said the official response.
How do you think the whole business will turn out?
Zdroj: central
