Reports say SoftBank could take Arm public by the end of the year after nvidia’s acquisition fell through

2022-07-08 0 By

Reporter new editing | | peng on December 8th morning news, it is reported that, according to people familiar with the matter because regulators on the trade impact on the global semiconductor industry competition also raising, cause the nvidia acquire Arm chip design company deal fell through.SoftBank will receive a break fee of up to $1.25bn and is looking to take Arm public by the end of the year, according to people familiar with the matter.The failure of the deal could lead to a management shake-up at Arm, with CEO Simon Segars being replaced by Rene Haas, head of intellectual property.Nvidia and Arm did not respond to a request for comment.In September 2020, The US chip manufacturer Nvidia announced plans to acquire the British chip architecture company Arm from Japan’s SoftBank Group for 40 billion DOLLARS, which attracted global attention.Under SoftBank’s previous agreement with Nvidia, the Arm deal had to close by September 2022, or the $1.25 billion nvidia had previously paid as a down payment would be left to SoftBank as a break fee.Under the original plan, Nvidia had hoped to close the deal within 18 months, or by March 2022.Arm, known in the industry as the “Switzerland of the chip industry”, is a neutral provider of products and services to a wide range of chip designers that design chips for computers, mobile phones, data centres and driver-assistance systems.Despite nvidia’s efforts to win regulatory approval for the acquisition, the deal is suspected of monopoly, the United States, the United Kingdom, the European Union and other regulatory authorities close attention and scrutiny, industry opposition is also heard, Qualcomm, Microsoft and other companies believe that The acquisition of Arm by Nvidia may damage the neutrality of Arm.