Military Embedded Systems

NVIDIA to acquire chipmaker Arm in $40 billion deal

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September 14, 2020

Lisa Daigle

Assistant Managing Editor

Military Embedded Systems

NVIDIA to acquire chipmaker Arm in $40 billion deal
Image: Arm

SANTA CLARA, Calif.; CAMBRIDGE, U.K.; TOKYO. NVIDIA and SoftBank Group Corp. (SBG) announced a definitive agreement under which NVIDIA will acquire Arm Limited from SBG and the SoftBank Vision Fund (together known as “SoftBank”) in a transaction valued at $40 billion.

The deal -- which must still face regulatory scrutiny -- will bring together the NVIDIA artificial intelligence (AI) computing platform with Arm’s vast installed chip ecosystem. Softbank officials say that it remains committed to Arm’s long-term success through its ownership stake in NVIDIA, expected to be under 10%. 

“AI is the most powerful technology force of our time and has launched a new wave of computing,” said Jensen Huang, founder and CEO of NVIDIA. “In the years ahead, trillions of computers running AI will create a new Internet-of-Things that is thousands of times larger than today’s internet-of-people. Our combination will create a company fabulously positioned for the age of AI."

 

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