HomeNewsNvidia Officially Announces It Will Not Acquire Arm

Nvidia Officially Announces It Will Not Acquire Arm

Nvidia made waves in 2020 when it announced its acquisition of Arm. And it may have resulted in one of the most significant purchases in the IT sector. This cooperation, however, has come to an end as a result of recent reports.

Collaboration between Nvidia and Arm is no longer taking place

The decision to cancel the Nvidia-Arm merger was attributed to many regulatory issues. It is speculated that the agreement would have harmed Arm’s free licencing approach, resulting in regulatory failures in the United States and even Europe.

(also see: CES 2022: Nvidia Unveils GeForce RTX 3080 Ti and RTX 3070 Ti Laptop GPUs at CES 2022)

For those unfamiliar with the ARM architecture (Advanced RISC Machines), it is utilised by Apple, Qualcomm, and other chipmakers. This purchase may have been troublesome for many businesses, and the fact that it no longer exists may be a comfort to them.

In a blog post, Jensen Huang, NVIDIA’s founder and CEO, remarked, “Arm has a bright future, and we’ll continue to support them as a proud licensee for decades to come. Arm is at the center of the important dynamics in computing. Though we won’t be one company, we will partner closely with Arm. The significant investments that Masa has made have positioned Arm to expand the reach of the Arm CPU beyond client computing to supercomputing, cloud, AI, and robotics. I expect Arm to be the most important CPU architecture of the next decade.“

Finally, Arm has announced that Rene Haas would take over as the company’s new CEO, effective immediately, succeeding Simon Segars. What are your opinions on Nvidia’s decision to end their partnership with Arm? Please let us know in the comments section below.

 

VIA: Reuters

Source: Nvidia

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