NVIDIA abandons takeover of Arm during CMA investigation
TL;DR
CMA investigation led to NVIDIA abandoning $40B ARM acquisition in February 2022.
Official government announcement that NVIDIA abandoned the ARM acquisition due to regulatory challenges, primarily CMA opposition. The CMA cited competition concerns about vertical integration.
Key Findings from GOV.UK & CMA (2022)
- Deal abandoned February 8, 2022
- CMA cited competition concerns about vertical integration
- NVIDIA paid $1.25 billion termination fee to SoftBank
- Phase 2 investigation was cancelled