NVIDIA in 'advanced talks' to acquire ARM for over $32 billion

NVIDIA couldn't get the x86 license from Intel, so the best dish to serve is revenge: acquire competitor ARM for over $32 billion.

@anthony256
Published Sun, Aug 2 2020 11:21 PM CDT   |   Updated Sat, Aug 8 2020 10:29 AM CDT

This has been a super hot bit of news for a week or so now, but it's being reported that NVIDIA is in "advanced talks" to acquire ARM in a deal worth over $32 billion, reports Bloomberg.

NVIDIA in 'advanced talks' to acquire ARM for over $32 billion 04 | TweakTown.com

NVIDIA is reportedly the one and only company that is in discussions with ARM owner SoftBank, with a deal that could be inked "in the next few weeks". If the deal does get stamped, it would be one of the largest in the tech industry and would have regulators looking into it, and its competitors beginning to sweat.

SoftBank acquired ARM for $31 billion back in 2016, and have only continued to expand since then. ARM-based designs are in hundreds of millions of Android and iOS smartphones and tablets, Apple recently said it would be switching over to ARM-based chipsets moving forward -- and plenty of NVIDIA's own products pack ARM-based chips.

NVIDIA powers the massively popular Nintendo Switch with an ARM-based Tegra SoC, something that also powers the NVIDIA Shield family of products.

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NEWS SOURCE:bloomberg.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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