The European Commission has decided to open an investigation into the acquisition of British chip-design company Arm by the US company Nvidia.
The $40bn deal was announced in September of this year, but has been criticised by stakeholders, including the CEPIS group for Legal and Security Issues (LSI SIN) in a letter to Executive Vice-President of the Commission, Margrethe Vestager. An overlying concern is that Nvidia could use the move to restrict access to Arm’s technology, which powers the vast majority of the world’s smartphones.
The Commission has until 15 March 2022 to decide whether to clear the deal. Read more on the BBC News website.