- by foxnews
- 07 Jun 2025
$75bn takeover of chip designer Arm by rival Nvidia in jeopardy
$75bn takeover of chip designer Arm by rival Nvidia in jeopardy
- by theguardian
- 05 Dec 2021
- in technology
1.1 k views
The Federal Trade Commission has sued to stop the takeover of Arm, which has ballooned in value from $40bn to $75bn since the offer was made last September due to a stock market surge in the chip sector, as seemingly almost insurmountable opposition now mounts after regulator action in Europe and the UK.
The US is the latest market to raise concerns about the merger as countries around the world increasingly focus on the ramifications of takeovers that threaten national security and infrastructure firms in the tech industry.
Arm, whose acquisition by Japanese group SoftBank for $32bn in 2016 raised no regulatory issues, has more than 500 clients who use its designs and compete globally including Apple, Samsung and Qualcomm.
Despite the mounting obstacles to the deal, Masayoshi Son, the chief executive of seller SoftBank, said last month that he expected the takeover to eventually be cleared.
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travel
- by travelandtourworld
- descember 09, 2016
San Angelo Sees Significant Increase in Visitors as Summer Tourism Reaches New Heights with Expanded Activities and Attractions in Texas
San Angelo has seen a significant boost in visitors this summer, with tourism reaching new heights thanks to an expanded range of activities and attractions. The city’s picturesque rivers, lakes, and vibrant cultural scene are attracting more tourists than ever before, drawing visitors not only from neighboring areas but from across Texas. Factors contributing to this surge include the region’s natural beauty, enhanced local events, and a growing focus on promoting outdoor adventures like boating and fishing, particularly around Lake Nasworthy and the Concho River. As new advertising efforts spotlight these unique offerings, San Angelo has become a sought-after destination for those looking to enjoy a refreshing and dynamic summer experience in the heart of Texas.
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