Nvidia says ARM deal remains beneficial after regulatory blow


Reuters | London | Updated: 20-08-2021 18:52 IST | Created: 20-08-2021 18:52 IST
Nvidia says ARM deal remains beneficial after regulatory blow
  • Country:
  • United Kingdom

U.S. group Nvidia said it remained confident that its planned $40 billion purchase of Britain's ARM will be beneficial to the company, its customers and competition.

Britain's competition regulator said earlier on Friday it had serious concerns about the deal and suggested it should be submitted to a full inquiry.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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