UK government intervenes in Nvidia's $40bn ARM takeover
UK government intervenes in Nvidia’s $40bn ARM takeover Digital Secretary wants to clear any national security concerns When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works. The UK government has intervened inNvidia’s proposed $40 billion takeover of Cambridge-based chip designerARMon national security grounds. Under the powers afforded by the 2002 Enterprise Act, Digital Secretary Oliver Dowden has issued a Public Interest Intervention Notice (PIIN) and instructed the Competitions and Markets Authority (CMA) to begin a ‘phase one’ investigation into the transaction....