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FTC sues to block NVIDIA's purchase of ARM

Engadget - 2 Dec 2021 23:21
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...
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