Original title: largest semiconductor acquisition in history: EU will launch formal investigation into NVIDIA Corp's plan to acquire ARM
Source: Wall Street
EU regulators will launch a formal competition investigation into NVIDIA Corp's acquisition of ARM early next month after the UK Competition and Market Authority thought it could seriously undermine competition.
EU regulators will launch a formal competition investigation into NVIDIA Corp's acquisition of ARM early next month, and the two sides have held informal discussions in the past few months, the Financial Times reported.
NVIDIA Corp plans to issue a formal notice of acquisition of the European Union in the week of Sept. 6, although the date may change, the media quoted sources as saying.
A preliminary assessment of the $54 billion acquisition by the Competition and Market Authority showed that the merger could seriously damage market competition, and the remedies offered by NVIDIA Corp were not enough to solve the problem.
ARM currently monopolizes 95 per cent of the world's mobile chip architecture, and the UK fears that NVIDIA Corp may restrict competitors' access to ARM technology, stifling industry innovation.
Apple、 Qualcomm IncThe chips designed by enterprises such as Huawei and Huawei all adopt ARM architecture, Softbank Corp. in 2016The acquisition of the British company was announced, but it was not long before it was considered for sale.
After NVIDIA Corp announced his intention to buy in September last year, many chip companies raised objections. The UK may decide to block takeovers on national security grounds, and the EU has historically been quite strict about such matters.
In addition, the Chinese side has also been slow to declare its position on the acquisition, which shows that it is very difficult for NVIDIA Corp to achieve his wish.