• Home
  • Politics
  • News
  • Business
  • Health
  • Entertainment
  • Sports
  • Lifestyle
  • Education
  • Opinion
Friday, 24 March, 2023
  • Login
topfmonline.com
 
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Education
  • Technology
  • Foreign
No Result
View All Result
topfmonline.com
No Result
View All Result
Home Technology

FTC sues to block NVIDIA’s purchase of ARM

TOPFM NEWS by TOPFM NEWS
December 3, 2021
in Technology
A A
0
FTC sues to block NVIDIA’s purchase of ARM
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Officials are concerned NVIDIA would have too much power.

NVIDIA’s plan to acquire ARM just hit a major stumbling block. The Federal Trade Commission has sued to block the merger over concerns the $40 billion deal would “stifle” competition for multiple technologies, including datacenters and car computers. ARM is a “critical input” that fosters competition between NVIDIA and rivals, the FTC said, and a merger would give NVIDIA a way to “undermine” those challengers.

The FTC was also worried NVIDIA would have access to sensitive info from ARM licensees. The merger could reduce the incentive for ARM to develop tech that might run counter to NVIDIA’s business goals, officials added. The administrative trial is due to start August 9th, 2022.

The company didn’t appear bothered. NVIDIA characterized the lawsuit as the “next step” in the FTC process, and repeated its arguments in favor of the buyout. The acquisition would “accelerate” ARM’s product plans, foster more competition and still protect the chip architecture designer’s open licensing model, according to NVIDIA. You can read the full statement below.

Despite the claims, an FTC lawsuit is a huge issue for NVIDIA. The Commission files lawsuits like these when it believes a company is breaking the law — concessions might not be enough. It also comes after the European Commission launched an investigation into the purchase in October. NVIDIA is facing questions from major regulators clearly wary of the acquisition, and those agencies might not accept the answers.

As it stands, NVIDIA’s competition likely isn’t happy. Qualcomm reportedly objected to the ARM deal in communications with the FTC (among other bodies) over fears NVIDIA might refuse to license designs. And when heavyweights like Apple, MediaTek and Samsung also depend on ARM, it’s doubtful the rest of the market would be enthusiastic. At the least, the trial would likely delay closure of the union past NVIDIA’s original 2022 target.

As we move into this next step in the FTC process, we will continue to work to demonstrate that this transaction will benefit the industry and promote competition. NVIDIA will invest in Arm’s R&D, accelerate its roadmaps, and expand its offerings in ways that boost competition, create more opportunities for all Arm licensees and expand the Arm ecosystem. NVIDIA is committed to preserving Arm’s open licensing model and ensuring that its IP is available to all interested licensees, current and future.

Related Posts

TikTok launches an elections hub in Kenya ahead of General Elections

TikTok launches an elections hub in Kenya ahead of General Elections

July 15, 2022
10
Facebook to allow up to five profiles tied to one account

Facebook to allow up to five profiles tied to one account

July 15, 2022
4
Source: Jon fingas
Via: Engadget
Tags: ARMFTCNvidia
Previous Post

Apple’s M3 Chips Reportedly Just Took a Big Step Toward Production

Next Post

Google will wait until the new year to make more return to office plans

Related Posts

TikTok launches an elections hub in Kenya ahead of General Elections
Technology

TikTok launches an elections hub in Kenya ahead of General Elections

July 15, 2022
10
Facebook to allow up to five profiles tied to one account
Technology

Facebook to allow up to five profiles tied to one account

July 15, 2022
4
Microsoft releases tweet-size exploit for macOS sandbox escape bug
Technology

Microsoft releases tweet-size exploit for macOS sandbox escape bug

July 14, 2022
9
Final Android 13 beta arrives ahead of its official launch ‘in the weeks ahead’
Technology

Final Android 13 beta arrives ahead of its official launch ‘in the weeks ahead’

July 14, 2022
2
Ex-CIA engineer Joshua Schulte convicted over massive data leak
Technology

Ex-CIA engineer Joshua Schulte convicted over massive data leak

July 14, 2022
2
Samsung Galaxy Z Fold 4 with model name SM-F936U certified by FCC
Technology

Samsung Galaxy Z Fold 4 with model name SM-F936U certified by FCC

July 13, 2022
2
Next Post
Google will wait until the new year to make more return to office plans

Google will wait until the new year to make more return to office plans

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BROWSE BY CATEGORIES

  • Business
  • Education
  • Entertainment
  • Foreign
  • Health
  • Lifestyle
  • News
  • Opinion
  • Politics
  • Sports
  • Technology
  • Uncategorized

BROWSE BY TOPICS

2022 Budget Afghanistan akufo addo Amazon Apiate explosion apple AT&T Bawku Black Stars covid COVID-19 COVID 19 E-Levy facebook Ghana Police Service Google Government health Intel iphone Mahama Majority Microsoft Minority momo NDC news NPP Nvidia OMICRON Parliament police Russia security South Africa Taliban tech Tesla US UTAG vaccine vaccines Verizon WHO Xinjiang

Recent Posts

  • FDA issues alert on two eyedrops which have killed patients in US
  • Talks with China over $1.7bn debt positive, encouraging – Ofori-Atta
  • Donations to Appiate reconstruction being put to good use – Committee
  • Parliament to decide fate of Nana Addo’s new ministers today
  • I’m committed to serve’ – Kwabena Duffuor after filing NDC presidential forms

Recent Comments

No comments to show.

RECENT NEWS

  • FDA issues alert on two eyedrops which have killed patients in US March 24, 2023
  • Talks with China over $1.7bn debt positive, encouraging – Ofori-Atta March 24, 2023
  • Donations to Appiate reconstruction being put to good use – Committee March 24, 2023
  • Parliament to decide fate of Nana Addo’s new ministers today March 24, 2023

MAIN CATEGORIES

  • Business
  • Education
  • Entertainment
  • Foreign
  • Health
  • Lifestyle
  • News
  • Opinion
  • Politics
  • Sports
  • Technology
  • Uncategorized

Entertainment

FDA issues alert on two eyedrops which have killed patients in US
Health

FDA issues alert on two eyedrops which have killed patients in US

3 hours ago
0
  • ABOUT US
  • CONTACT
  • ADVERTISE

© 2023 Top Media Group - Powered by BackUp Data Systems

No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Health
  • Entertainment
  • Sports
  • Lifestyle
  • Education
  • Opinion

© 2023 Top Media Group - Powered by BackUp Data Systems

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In