Nvidia has announced the biggest,A Male Friend Who Spins it Around most expensive semiconductor deal in history on Sunday, agreeing to purchase British company Arm Holdings from Japanese conglomerate SoftBank for $40 billion. SoftBank previously bought Arm for $32 billion in 2016 — its largest ever investment at the time, and one that seems to have paid off massively.
Under the deal, Nvidia will pay SoftBank $21.5 billion in Nvidia stock, $12 billion in cash, and $5 billion in either cash or stock provided Arm hits certain financial goals. Nvidia will also pay $1.5 billion inequity to Arm's employees.
"Our combination will create a company fabulously positioned for the age of AI," said Nvidia CEO Jensen Huang in a press release. "Uniting NVIDIA’s AI computing capabilities with the vast ecosystem of Arm’s CPU, we can advance computing from the cloud, smartphones, PCs, self-driving cars and robotics, to edge IoT, and expand AI computing to every corner of the globe."
Arm will be a division under Nvidia, with its headquarters remaining in Cambridge. Nvidia aims to turn it into a "world-class AI research facility," intending to build a new AI supercomputer powered by Arm CPUs in order to attract highly skilled researchers from around the world.
Forbes analyst Patrick Moorhead believes Nvidia's purchase of Arm is not only the "most important semiconductor deal ever," but also a perfect fit. Nvidia has been a leading GPU manufacturer for years, while Arm is a dominant force in the mobile CPU market. As such, the two businesses have great potential to compliment one another and become an absolute powerhouse in tech.
"Arm plays in areas that Nvidia does not or isn’t that successful, while Nvidia plays in many places Arm doesn’t or isn’t that successful," said Moorhead in a Forbesop-ed late Sunday.
Nvidia and Arm appear to be in accord concerning plans going forward, with Arm spokesperson Phil Hughes telling Mashable its R&D capabilities, existing plans, and presence in the UK will be strengthened by Nvidia's resources.
This Tweet is currently unavailable. It might be loading or has been removed.
"Arm and NVIDIA share a vision and passion that ubiquitous, energy-efficient computing will help address the world’s most pressing issues from climate change to healthcare, from agriculture to education," said Arm CEO Simon Segars in the press release. "By bringing together the technical strengths of our two companies we can accelerate our progress and create new solutions that will enable a global ecosystem of innovators."
SEE ALSO: Here's how you can pre-order Nvidia's GeForce RTX 30 Series GPUsSoftBank will still have some interest in Arm after the sale due to a smaller than 10 percent ownership stake in Nvidia. While SoftBank sold its entire 4.9 percent stake in Nvidia for over $3 billion in 2019, it reinvested $220 million in the American tech company this year. A spokesperson told Mashable this new deal will make SoftBank Nvidia's largest active shareholder.
It will be a while before the sale is completed, though. Nvidia expects it to be finalised in around a year and a half, before which regulatory approval from China, the EU, the UK, and the U.S. will need to be obtained.
Mashable has reached out to Nvidia for comment.
Slow TV finds life online with Facebook Live and PeriscopeApple might add third rear camera to this year's 'iPhone 11'Twitter is redesigning its camera to feel more like SnapchatEmma Watson really wishes she could vote in the U.S. electionsGlobal climate strike begins, with students skipping school to protestReport: Windows 10 update installs can be delayed for 35 daysInside Tesla's Model Y unveiling event with Elon MuskMan walks around 9 wild bears like it's NBDNetflix cancels 'One Day at a Time' amidst vocal #RenewODAAT campaignHillary Clinton responded to viral Death Row Records memeEliminating toxic masculinity should be on every parent's toTinder says it no longer gives users desirability scoresGo from human to superhuman with these DIY Halloween costumesGoogle cracked down on 2.3 billion bad ads last yearApple announces WWDC 18 dates: June 3For her 69th birthday, Hillary Clinton got herself a nice tweetMost Antivirus apps on Google Play suck at detecting malwareMoms have the power to transform childcare in AmericaEmma Watson really wishes she could vote in the U.S. electionsHow Hulu's 'Shrill' revolutionizes body diversity on screen Waugh on Capote by Sadie Stein Tatiana Salem Levy, Rio de Janeiro, Brazil by Matteo Pericoli The Town of Books by Sadie Stein A Girl with a Mind by Sadie Stein Congresswoman tests positive after sheltering with GOP anti Fighting Words by Sadie Stein IRL, a social app valued at $1 billion, shuts down after revelation that most of its users are fake The ‘QAnon Shaman’ is not connected to Nancy Pelosi A Book Vending Machine, and Other News by Sadie Stein Arnold Schwarzenegger's childhood tale ties Trump fervor to Nazism Farewell, Iain Banks, and Other News by Sadie Stein 'Quordle' today: See each 'Quordle' answer and hints for June 28 How to protect yourself from Canada wildfire smoke A Visit with Patrick Leigh Fermor, Part 1 by Ben Downing An Interview with Craig Nova, by Craig Nova Corps de Ballet: An Interview with Irina Kolpakova by Yona Zeldis McDonough What We’re Loving: George Packer, Joe Carstairs, Nick Laird by The Paris Review Google reportedly gave up on its own augmented reality headset 'Stardew Valley' launches on Apple Arcade in July Typewriter, Tip, Tip, Tip, and Other News by Sadie Stein
2.5497s , 10133.34375 kb
Copyright © 2025 Powered by 【A Male Friend Who Spins it Around】,Creation Information Network