![]() ![]() 9, 2022, nearly two years after the deal was announced. NVDA STOCK SPLIT VOTE TRIALAn administrative trial is scheduled to begin on Aug. The commission also said that the combination would create the potential for a stifling of innovation in next-generation technologies, such as technologies used to power data centers and driver-assistance systems in cars. The FTC said that the combination of the two chip companies would give NVIDIA unlawful control over technology that rival firms need to develop competing products. Federal Trade Commission (FTC) sued to block the acquisition due to antitrust concerns after a unanimous vote by commission members. But the deal has come under intense scrutiny from regulators worldwide and is thus unlikely to be completed within the original timeframe, if at all. NVIDIA said that it expected the transaction to close in approximately 18 months. ( SFTBY) and the SoftBank Vision Fund for $40 billion. NVDA STOCK SPLIT VOTE SOFTWARE13, 2020, NVIDIA announced that it had agreed to acquire Arm Ltd., a U.K.-based semiconductor and software company specializing in AI, from Japan-based SoftBank Group Corp. The financial terms of the acquisition were not disclosed. ![]() Clusters are groups of servers linked together in a single unit by high-speed networks. Companies in a range of industries such as healthcare and financial services use Bright's software to set up and run HPC clusters. 10, 2022, NVIDIA announced that it acquired Bright Computing, a software company specializing in high-performance computing (HPC) systems. ![]() ![]() authority launched an expanded investigation into the proposed merger, citing concerns that it would be anticompetitive and create national security risks (see the "What's Happening with NVIDIA's Acquisition of ARM?" Q&A section below). NVIDIA announced plans to buy Arm 16 months ago, in September 2020. The report countered the deal's critics and outlined why the acquisition should be approved. 10, 2022, NVIDIA and Arm submitted a 28-page report to the U.K.'s Competition and Markets Authority (CMA). The merger had come under fire due to its potential to reduce competition in the chip business. 7, 2022, NVIDIA and Softbank jointly announced they were terminating the proposed merger between Arm and NVIDIA due to regulatory opposition.
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