Nvidia's ARM acquisition hits another snag as the EU pauses its probe into the deal
The EU is waiting for additional information before they continue their probe
Published: 7th December 2021 | Source: Reuters |
Nvidia's planned acquisition of ARM is becoming increasingly unlikely
Nvidia's planned deal to acquire ARM, the UK-based chip designer, is appearing increasingly unlikely, as the EU, US and UK have all put up roadblocks that could stop the deal in its tracks.
Reuters has reported that the EU's investigation into Nvidia's planned acquisition has been temporarily halted. This delay will force Nvidia to wait longer for the EU's findings, as the EU Commission is reportedly waiting to receive additional information before their investigation can continue.
The European Commission paused their investigation into Nvidia's acquisition on November 25th. Like the US and UK, the EU believes that Nvidia's acquisition of ARM could give them too much power over their competitors, giving them the ability to raise prices or use ARM to give their products technological advantages over their rivals.
Originally, Nvidia believed that it could acquire ARM within two years. Now, it looks like Nvidia's deal could take longer to be finalised; assuming that it isn't stopped entirely. As it stands, it doesn't look good for Nvidia's acquisition of ARM.