Technology,
Mergers & Acquisitions,
Antitrust & Trade Reg.,
Administrative/Regulatory
Dec. 3, 2021
FTC sues to halt Nvidia’s $40B merger with UK chip supplier
The proposed vertical deal between Nvidia and Arm would give one of the largest chip companies control over the computing technology and designs that rival firms use to develop competing chips, according to the federal announcement.
The Federal Trade Commission sued to block Santa Clara-based chip supplier Nvidia Corp.’s $40 billion acquisition of U.K. chip designer Arm Ltd., the agency announced Thursday.
The proposed vertical deal between Nvidia and Arm would give one of the largest chip companies control over the computing technology and designs that rival firms use to develop competing chips, according to the announcement.
“The FTC is...
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