Arm's $66bn sale to Nvidia is off: Deal collapses after world's competition regulators raise concerns SoftBank Group and Nvidia are terminating the sale of Brit-based chip designer Arm to the US tech firm due to "significant regulatory challenges" amid concerns from the tech industry that a deal would stifle competition. The buy price, initially set at $40bn (cash and Nvidia shares) when first announced in September 2020, has …
"Err, Mostly Armless."
You should consider yourself quite elite for that delightful ultimately recursive reference!
(Or perhaps I should say, "There is the theory of the Möbius. A twist in the fabric of space where time becomes a loop.")
It's as mad as the USA ending up as the biggest economy in the world via a century worth of increasingly brazen IP theft from Britain. That's historical fact
China is just doing exactly the same thing to the USA, and chances are that in the long run attempts at stopping China stealing American IP won't be much more successful than British attempts at stopping IP theft by the USA were back when the USA was doing it.
My prediction is that it'll stop for the same reasons it did with the USA; at the point they run out of things to steal and start coming up with their own ideas from what was stolen. At that point they'll want to stop those ideas being copied.
Re cuckoo's - don't get your hopes up. Despite the efforts of some pretty good nature charities we are destroying their nesting sites as fast as we can in the name of leveling up :'(
I'm assuming you're UK-based - if you're on the continent then you've got a good chance, a fair few of them still manage to evade the wall of guns on the med islands every spring
Didn't Maybot shrill that the sale meant that Britain was "open for business"?
Closing Down Sale?
[I knew one company that had a closing down sale for about 11 years, until the building they were in was actually demolished. Then they reopened at another site with a closing down sale. I moved away but for all I know they're still having a closing down sale.]
Yeah. Also less than a week after her "pledge" to stop the flood of important UK companies being sold abroad, which I'd presumed would include valuable tech companies like Arm. But of course she caved the second someone opened their chequebook and said they were interested in buying at a knock-down price. :|
"Can you imagine Germany allowing the sale of VW".
I can sort of see your point, but the size comparison makes it a bit silly as the difference is immense. Less than 10.000 employees against more than 300.000 for instance.
I could well imagine that Germany sold companies the size of ARM.
Your point is really about the British and the Germans and not about Britain and Germany.
It was big the UK, where we have either let our industries decline or be bought up.
Companies like BAE Systems are only safe because they are major defence suppliers, and under the current lot I wouldn't even consider them 100% safe. They'd sell their own grandmas.
If Nvidia can't buy it, that means realistically nor can AMD, Intel, TSMC or a dozen others.
Floating it again is an interesting proposition, but I am sure investors will be looking at RISC-V and the long-run potential.
Milking existing licensees does not smell like a winning proposition and the market is already saturated with ARM gizmos so apart from population growth finding investor upside is tricky. ARM making inroads into server and/or desktop being the only really obvious route for that growth.
I'm sure some savvy folks could come up with an Amiga 2.0 to occupy the void between Wintel and Apple for a decently priced and high performance machine with a coherent OS and software offering. You know, the sort of thing a vertically integrated outfit like SoftBank could do if it pulled it's finger out.
I can wish. (Returns to looking at recapped A500's and more fun times with computing).
ARM was doing fine as a public company before it was bought by Softbank for a classic public/private/sale flip.
The market continues to grow and, if it can stay independent, it acts more or less as a licence pool for its licencees. This is less spectacular than other models but has served it and its customers very well over the last twenty years and as long as licence costs don't dominate the BoM there is little to fear from RISC-V, which the company can also participate in.
If Softbank is going to take ARM public, Nvidia will find it much cheaper simply to acquire controlling interest of ARM stock vice having to buy the company outright.
Looks like a Duck,
Walks like a Duck,
But cheaper than a Duck while ducking regulatory issues.
This plan is not quacked up to solve what it pretends to solve and will likely prove most fowl.
New York - Great for US companies
London - Vote of confidence in Post Brexit Britain
Frankfurt - Vote of confidence in Europe (no-confidence in Britain)
Hong Kong - Bad for the US, Good for china
Tokyo - Where SoftBank is at, probably the best neutral location.
but all of them will be competing, and it might end up dual listed
The Register 
Biting the hand that feeds IT
Copyright. All rights reserved © 1998–2024
