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Nvidia: ARM acquisition contacts are now at a very advanced stage

One week after the initial report to possibility of its acquisition ARM Holdings from Nvidia, the network Bloomberg returns with more information.


Η new update reveals that Nvidia is in a very advanced stage of contacts with Softbank (owner of ARM), is the only one currently interested in such an acquisition and possibly everything will be judged within the next 2-3 weeks.

Nvidia's market capitalization has reached $ 260 billion in recent months, surpassing Intel. A possible acquisition will make Nvidia a dominant player in the semiconductor market and it is worth noting that SoftBank itself had approached Apple perhaps she was interested in taking ARM into her own hands.

SoftBank had acquired ARM against £ 24.3 billion in 2016, but a sale to Nvidia is expected to far exceed that amount, provided of course approval by the relevant competition regulators.

Source


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