Deals
Nvidia’s $40 Billion Arm Deal Faces U.K. Antitrust Hurdle
- U.K. is first global authority to list issues with the deal
- Nvidia says regulatory talks are taking longer than expected
Jen-Hsun Huang, president and chief executive officer of Nvidia Corp..
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Nvidia Corp.’s planned $40 billion takeover of chipmaker Arm Ltd. faces months of delays after British regulators called for a longer probe into antitrust concerns.
In the first reaction on the deal from a major antitrust watchdog, the Competition and Markets Authority warned the deal could allow Nvidia to cut off its rivals’ access to Arm’s ubiquitous and power-efficient designs used in technology ranging from data centers to smartphones.