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Nvidia to Acquire Arm for $40 Billion – Jensen Huang Comments on ‘the Next Major Computing Platform’

Nvidia and SoftBank Group Corp. (SBG) have announced an agreement under which Nvidia will acquire Arm Limited from SBG and the SoftBank Vision Fund in a transaction valued at $40 billion. As part of Nvidia, “Arm will continue to operate its open-licensing model while maintaining the global customer neutrality that has been foundational to its […]

Report: Nvidia on Verge of Arm Acquisition

The Wall Street Journal reported today that Nvidia is close to purchasing British chip designer Arm Holdings from SoftBank Group for more than $40 billion in a cash-and-stock deal, one that has been rumored for several weeks. Citing unnamed sources, the Journal story stated that “a deal could be sealed early next week, the people […]