It looks like Nvidia will no longer be spending a whopping $40 billion to acquire ARM. The deal, which would have been one of the biggest in the industry seems to have taken too long to materialize and as such, it looks like the graphics giant must now shell out $1.25 billion to ARM’s current owners Softbank as reparations.
Acquiring ARM would have given Nvidia, the key to the architecture of practically every smartphone in existence, and that would have inadvertently, put Nvidia in the driver’s seat to make a product that would have the absolute best, given Nvidia’s extensive experience in the graphics department, we can only imagine the possibilities.
Neither Nvidia nor Softbank have made an official statement yet, but we expect them to do so when the markets open up in the UK and Japan, where the two companies are based. Softbank is set to announce its financial reports soon and mostly, they will make this announcement then.
The deal was subject to a lot of controversy from the day it was announced with many regulators reluctant to give it their go-ahead as they feared what Nvidia would do if it ended up acquiring ARM.
