The acquisition of Arm, a CPU architecture company, by NVIDIA has been called off, with the two companies citing regulatory challenges as a significant factor
The acquisition of Arm, a CPU architecture company, by NVIDIA has been called off, with the two companies citing regulatory challenges as a significant factor in the decision. The acquisition was originally announced in 2020, however the two companies have seen a lot of push back since then, with some even calling it a national security risk. In the wake of the announcement, Arm has also appointed a new Chief Executive Officer (CEO), Rene Haas, who will succeed the previous CEO, Simon Segars, immediately. Ascannio/Shutterstock “Arm has a bright future, and we’ll continue to support them as a proud license for decades to come,” NVIDIA Founder and CEO Jensen Huang shared in a statement. “Arm is at the center of the important dynamics in computing.
