--- title: "UK to assess security implications of Nvidia takeover of Arm" description: "LONDON (AP) — The British government has asked regulatory authorities to investigate the proposed takeover of computer chip design firm Arm Holdings by the U.S. tech firm Nvidia, citing national..." type: "news" locale: "en" url: "https://longbridge.com/en/news/33686239.md" published_at: "2021-04-19T14:18:41.000Z" --- # UK to assess security implications of Nvidia takeover of Arm > LONDON (AP) — The British government has asked regulatory authorities to investigate the proposed takeover of computer chip design firm Arm Holdings by the U.S. tech firm Nvidia, citing national... ADVERTISEMENT https://apnews.com/article/europe-d8befcd550e0fbc24ae967666ccbf442 Click to copy https://apnews.com/article/europe-d8befcd550e0fbc24ae967666ccbf442 Click to copy Related topics Europe UK to assess security implications of Nvidia takeover of Arm LONDON (AP) — The British government has asked regulatory authorities to investigate the proposed takeover of computer chip design firm Arm Holdings by the U.S. tech firm Nvidia, citing national security grounds as one of its concerns. In a statement Monday, Culture Secretary Oliver Dowden ordered the U.K.’s independent competition watchdog to begin a “phase one’” investigation of the $40 billion deal. He said it’s “appropriate that we properly consider the national security implications of a transaction like this.” The Competition and Markets Authority had already started earlier this year inviting third parties to provide their views on the anticipated sale and its impact on competition. ADVERTISEMENT When the acquisition was first announced in September last year, Nvidia pledged to keep Arm’s headquarters in Cambridge while also promising to expand on Arm’s work to build a “world-class” technology center. “Following careful consideration of the proposed takeover of Arm, I have today issued an intervention notice on national security grounds,” Dowden said. “As a next step and to help me gather the relevant information, the U.K.’s independent competition authority will now prepare a report on the implications of the transaction, which will help inform any further decisions.” The CMA will advise whether the takeover could lead to a substantial lessening of competition in any market in the U.K., and whether it should be put through further scrutiny in a ‘phase two’ investigation. It will have until July 30 to complete the report. ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Blackstone-backed Liftoff Mobile files to withdraw US listing | Feb 17 (Reuters) - Blackstone-backed (BX.N) Liftoff Mobile has filed to withdraw its initial public offering plans in th | [Link](https://longbridge.com/en/news/276118530.md) | | Short Interest in Schneider Electric SE (OTCMKTS:SBGSY) Drops By 16.8% | Schneider Electric SE (OTCMKTS:SBGSY) experienced a 16.8% decrease in short interest in January, with 197,858 shares sho | [Link](https://longbridge.com/en/news/276071356.md) | | Will China Literature Turn The Page? | China Literature Ltd. expects a net loss of up to 850 million yuan for last year, primarily due to a 1.8 billion yuan go | [Link](https://longbridge.com/en/news/276113491.md) | | Activist investor Jana Partners builds stake in Fiserv, WSJ reports | Feb 17 (Reuters) - Activist investor Jana Partners has built a stake in Fiservand is pressing the payments company to pu | [Link](https://longbridge.com/en/news/276121779.md) | | Pring Turner Capital Group Inc. Buys Shares of 25,501 Southern Copper Corporation $SCCO | Pring Turner Capital Group Inc. acquired 25,501 shares of Southern Copper Corporation (NYSE:SCCO) valued at approximatel | [Link](https://longbridge.com/en/news/276119550.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.