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08-02-2022, 03:31 PM
PUBLISHED TUE, FEB 8 20221:41 AM ESTUPDATED 2 MIN AGO
Kif Leswing
Arjun Kharpal
Nvidia’s planned acquisition of Arm from SoftBank has collapsed due to “significant regulatory challenges,” the companies said in a joint release Tuesday.
The deal was originally announced in 2020 and had a value at the time of US$40 billion in Nvidia stock and cash.
SoftBank said Arm will now prepare for a public offering within the fiscal year ending March 31, 2023.
https://www.cnbc.com/2022/02/08/softbank...apses.html
Kif Leswing
Arjun Kharpal
Nvidia’s planned acquisition of Arm from SoftBank has collapsed due to “significant regulatory challenges,” the companies said in a joint release Tuesday.
The deal was originally announced in 2020 and had a value at the time of US$40 billion in Nvidia stock and cash.
SoftBank said Arm will now prepare for a public offering within the fiscal year ending March 31, 2023.
https://www.cnbc.com/2022/02/08/softbank...apses.html
