{"id":304231,"date":"2021-10-12T11:56:50","date_gmt":"2021-10-12T11:56:50","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=329788"},"modified":"2021-10-12T11:56:50","modified_gmt":"2021-10-12T11:56:50","slug":"ec-expected-to-probe-potential-arm-in-nvidia-deal","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/10\/12\/ec-expected-to-probe-potential-arm-in-nvidia-deal\/","title":{"rendered":"EC expected to probe potential Arm in Nvidia deal"},"content":{"rendered":"

<\/p>\n

\tNvidia was tipped to face a European roadblock to a proposed acquisition of UK-based chip designer Arm, potentially adding further fuel to a fire of opposition from competition regulators and rival technology outfits.<\/p>\n

European Commission (EC) information shows it set a provisional deadline of 27 October to officially respond to an application Nvidia submitted early last month. It confirmed reports the chip company had offered various commitments around preserving competition last week.<\/p>\n

But Reuters today (12 October) reported the EC is unconvinced by the arrangements Nvidia offered and is likely to move to a full-scale investigation of the deal.<\/p>\n

The news agency\u2019s sources explained the EC had not asked rival chip companies or customers to respond to Nvidia\u2019s pledges, which Reuters stated suggested the regulator was dissatisfied.<\/p>\n

If the report proves accurate it would be another hurdle to Nvidia\u2019s increasingly contentious move for Arm [1]. The greatest opposition currently stems from the UK Competition and Markets Authority [2], though the proposed takeover also faces regulatory scrutiny in the US and China.<\/p>\n

US authorities have reportedly faced pressure to block the deal from big names including Google and Microsoft, while rival chip companies Intel and Qualcomm expressed an interest in Arm if the Nvidia move falls short.<\/p>\n

During its Q2 earnings call, Nvidia CFO Colette Kress admitted the regulatory process was taking longer than expected [3], but remained bullish the \u201cbenefits of the acquisition\u201d would ultimately shine through.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/nvidia-goes-mobile-with-40b-arm-deal
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/uk-moves-closer-to-ruling-on-arm-sale-to-nvidia
\n[3] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/nvidia-laments-lengthy-scrutiny-over-arm-deal<\/p>\n\n

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Nvidia was tipped to face a European roadblock to a proposed acquisition of UK-based chip …<\/p>\n

The post EC expected to probe potential Arm in Nvidia deal<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":474,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"EC expected to probe potential Arm in Nvidia deal - ITTeacherITFreelance.hk","description":"Nvidia was tipped to face a European roadblock to a proposed acquisition of UK-based chip ... The post EC expected to probe potential Arm in Nvidia deal appeare"},"footnotes":""},"categories":[11,8],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/304231"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/474"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=304231"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/304231\/revisions"}],"predecessor-version":[{"id":304232,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/304231\/revisions\/304232"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=304231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=304231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=304231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}