NVIDIA to acquire Arm from SoftBank for $40 billion
NVIDIA and SoftBank Group announced a definitive agreement for NVIDIA to acquire Arm Limited from SoftBank and the SoftBank Vision Fund in a transaction valued at $40 billion. The deal is expected to be immediately accretive to NVIDIA's non-GAAP gross margin and EPS.
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“AI is the most powerful technology force of our time and has launched a new wave of computing.”newsroom.arm.com
- 5 sources
- newsroom.arm.comNVIDIA to Acquire Arm for $40 Billion, Creating World’s Premier Computing Company for the Age of AI - Arm NewsroomArmSep 13, 2020
- reuters.comNvidia to buy chip designer Arm for $40 billion as SoftBank exitsSam Nussey, Stephen NellisSep 14, 2020
- iteuropa.comIoT services stay out of Nvidia's ARM acquisitionJG John GarrattSep 14, 2020
- emsnow.comNvidia’s $40 Billion ARM Purchase Will Test Current M&A “Ceiling”, Says IC Insights · EMSNowJennifer ReadSep 18, 2020
- theconversation.com
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