September 14 - 10:09
NVIDIA agrees $40 billion package to buy Arm
NVIDIA has agreed a cash and stocks package worth $40 billion to buy Arm Limited from SBG and the SoftBank Vision Fund, making it one of the biggest tech deals of 2020. The combination brings together NVIDIA’s AI computing platform with Arm’s vast computing ecosystem. NVIDIA will continue Arm’s open-licensing model and customer neutrality and expand Arm’s IP licensing portfolio with NVIDIA tech.
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