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Alphabet, Microsoft, and Qualcomm Complain Against Nvidia Arm Acquisition; US FTC Opens Probe: Report

Alphabet, Microsoft, and Qualcomm Complain Against Nvidia Arm Acquisition; US FTC Opens Probe: Report 4uz5i

Nvidia struck a deal with Japan's SoftBank in September 2020 to buy UK-based chip designer Arm Holdings for $40 billion. 6j5no

By Reuters | Updated: 13 February 2021 10:28 IST

Alphabet, Microsoft, and Qualcomm Complain Against Nvidia Arm Acquisition; US FTC Opens Probe: Report

The deal was struck in September to buy chip designer Arm Holdings 1tas

Highlights

Nvidia struck deal with SoftBank Group to buy Arm Holdings in September
Alphabet, Qualcomm, Microsoft have complained to US antitrust regulators
Arm supplies intellectual property for chips used in nearly all phones

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The US. Federal Trade Commission has opened an in-depth probe into Arm, Bloomberg reported on Friday, citing a source.

The FTC has sent information demands to third parties, according to Bloomberg.

The FTC and Nvidia did not respond to requests for comment outside regular working hours.

Qualcomm to Acquire Chip Startup Nuvia for $1.4 Billion to Challenge Apple

Nvidia struck a deal with Japan's SoftBank Group in September to buy UK-based chip designer Arm Holdings for as much as $40 billion (roughly Rs. 2,90,365 crores).

In addition to the FTC probe, Microsoft have complained to US antitrust regulators about the deal, the report added, citing people familiar with the process.

Arm Holdings supplies intellectual property to Apple, Qualcomm and a host of others for chips that power nearly all of the world's smartphones.

Amazon Web Services Taps Own Chips for New Supercomputing Offering

Earlier in January, Britain's Competition and Markets Authority said it would start an investigation into Nvidia's deal to buy Arm.

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