@krautmeister bro NVIDIA acquisition of ARM may not push thru not because of Chinese regulators but of UK and US, there seems to be a lot of resistance coming from the US tech company.
Delayed start
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China might be the last country to weigh in on Nvidia’s proposed acquisition of Arm. The Financial Times today that Nvidia “submitted an application to Chinese competition regulators” to review the proposal ”in recent weeks” even though was officially revealed to the public in September 2020.
It’s not clear why Nvidia started the approval process in China almost nine months after it announced its plan to acquire Arm from SoftBank—especially since Nvidia CEO Jensen Huang in April that he expected the deal to close in 18 months. The Financial Times said it could take that long to receive China’s approval.
Assuming “in recent weeks” means some time after GTC 2021, the purportedly late submission to Chinese regulators could delay the acquisition’s closing to 2023, assuming the deal is approved. That‘s later than Huang predicted just a few months ago, and the controversial nature of the deal could stretch the regulatory approval process. Huang has remarked that he expects the merger to close within the expected timeframe.
Not that China is the acquisition’s only obstacle. The UK Secretary of State for Digital, Culture, Media and Sport asked the Competition and Markets Authority to in April, and companies like Qualcomm, Microsoft, and Google have reportedly to US regulators as well.
In this, it seems Chinese tech companies are aligned with their Western counterparts. The Financial Times said that Huawei’s chip company, HiSilicon, as well as Semiconductor Manufacturing International Corporation, have opposed the deal. (Probably at least partly because on their businesses.)
It’s entirely possible that regulators around the world are going to approve the Nvidia-Arm acquisition faster than most people expect. Nvidia has repeatedly said that it would continue to remain neutral when it comes to licensing Arm technologies to its competitors; maybe that will be enough for the deal to pass.
But it seems unlikely. Arm pioneer Hermann Hauser has already said that technologies like NVLink used in the upcoming show that Nvidia with Arm licensees, and Citigroup analysts said in April that they’re giving the acquisition because of those concerns.
Nvidia Reportedly Seeks Chinese Approval of Arm Acquisition
By 1 day agoDelayed start
(Image credit: Shutterstock)
China might be the last country to weigh in on Nvidia’s proposed acquisition of Arm. The Financial Times today that Nvidia “submitted an application to Chinese competition regulators” to review the proposal ”in recent weeks” even though was officially revealed to the public in September 2020.
It’s not clear why Nvidia started the approval process in China almost nine months after it announced its plan to acquire Arm from SoftBank—especially since Nvidia CEO Jensen Huang in April that he expected the deal to close in 18 months. The Financial Times said it could take that long to receive China’s approval.
Assuming “in recent weeks” means some time after GTC 2021, the purportedly late submission to Chinese regulators could delay the acquisition’s closing to 2023, assuming the deal is approved. That‘s later than Huang predicted just a few months ago, and the controversial nature of the deal could stretch the regulatory approval process. Huang has remarked that he expects the merger to close within the expected timeframe.
Not that China is the acquisition’s only obstacle. The UK Secretary of State for Digital, Culture, Media and Sport asked the Competition and Markets Authority to in April, and companies like Qualcomm, Microsoft, and Google have reportedly to US regulators as well.
In this, it seems Chinese tech companies are aligned with their Western counterparts. The Financial Times said that Huawei’s chip company, HiSilicon, as well as Semiconductor Manufacturing International Corporation, have opposed the deal. (Probably at least partly because on their businesses.)
It’s entirely possible that regulators around the world are going to approve the Nvidia-Arm acquisition faster than most people expect. Nvidia has repeatedly said that it would continue to remain neutral when it comes to licensing Arm technologies to its competitors; maybe that will be enough for the deal to pass.
But it seems unlikely. Arm pioneer Hermann Hauser has already said that technologies like NVLink used in the upcoming show that Nvidia with Arm licensees, and Citigroup analysts said in April that they’re giving the acquisition because of those concerns.