6 ms·
May be related to Arm China going rogue? [0] It is starting to look like Britain's sale of Arm was a good deal after all. Foisted! [0] https://news.ycombinator
by irthomasthomas 5y ago
May be related to Arm China going rogue? [0] It is starting to look like Britain's sale of Arm was a good deal after all. Foisted!
[0] https://news.ycombinator.com/item?id=28329731 https://news.ycombinator.com/item?id=28329731
- zinekeller 5y agoNo, that didn't deter Nvidia, it's mainly with EU, UK and American regulatory pressures (which might formally stop the acquisition). Additionally, some civil servants within the UK government have said that the ministers are considering to declare Arm as a critical company (and considering the "partygate" has made the Johnson government more populist, it's becoming more likely that pro-Britain moves will be made, at least as perceived by voters).
- deleted 5y ago[deleted]
- nivenkos 5y agoBut ARM was already sold to SoftBank (Japanese). It's not like it's still Acorn producing British microcomputers...
- Traster 5y agoYes, this was the insanity, they waved through selling it to Softbank, but then cottoned on to how important it was once they realised it was going to be acquired by Nvidia. They shouldn't have let it sell in the first place, but atleast they're fixing that now, and if they can guide it towards an IPO that would be a very good result.
- chasil 5y agoAs a public company, shareholders with enough stock can offer competing slates of directors. Even with an acquisition blocked, if Nvidia is in that position, they can dictate ARM's policies. Perhaps the UK would force them to divest, but a coalition of shareholders might be more difficult to stop.
- meepmorp 5y agoThe US FTC sued to block the merger, in December. https://www.ftc.gov/news-events/press-releases/2021/12/ftc-sues-block-40-billion-semiconductor-chip-merger https://www.ftc.gov/news-events/press-releases/2021/12/ftc-s...