Nvidia reportedly offers concessions in a bid to secure EU antitrust approval for its US$54 billion ARM acquisition
The Nvidia - ARM deal is still awaiting to be greenlit by most of the anti-monopoly regulatory agencies across the world, but the chances of success are starting to look slimmer and slimmer for Team Green. ARM’s largest customers are against the deal, and countries like the UK and China already expressed their disapproval, yet the European Commission might have the final word. Initially supposed to finalize the deal review by early October, the European Commision recently extended the review deadline to October 27 as Nvidia came forth with certain concessions for the European bloc in what looks like a last stand to reverse the imminent outcome.
According to Reuters, the European Commission received a concession proposal, yet its nature has not yet been disclosed. Furthermore, Tom's Hardware reports that Nvidia offered to invest more than US$100 million in UK’s most powerful supercomputer.
Analysts believe that the European Commission may extend the investigation by four months if Nvidia’s concession proposal is not accepted. Reuters also points out that, despite outright opposition from long-time ARM customers like Qualcomm, Samsung and Apple, there still are some supporters of the Nvidia - ARM deal, including Broadcom, MediaTek and Marvell, which were most likely offered small licensing fee discounts.
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