Sources say that the antitrust agencies have not even started the approval processes.
Last September it was announced a historic purchase that promised to forever change the landscape of computing and chipmaking around the world. We are talking, of course, about the purchase of ARM by Nvidia valued at 40,000 million dollars. A purchase that is not completed because, as published The Information and share Games Industry, China would be slowing down its approval as much as possible.
According to the aforementioned medium, insiders of the industry in China affirm that antitrust agencies from the country they haven’t even started a formal review of the purchase, which is a basic and necessary procedure for it to be carried out. The worst thing is that this type of procedure can last up to 6 months, going through three different phases. And given the scale of Nvidia’s purchase of ARM, The Information adds, it is highly likely that the acquisition should pass these processes two or three times.
The Information cites opposition from Huawei and ZTE as possible motiveNow why is China slowing down Nvidia’s ARM purchase? Their agencies do not clarify the reasons for those who have not yet begun to review the purchase, despite the fact that it was announced almost 11 months ago, and the aforementioned medium speculates with a clear reason: how much Huawei What ZTE I know oppose the purchase, both being Chinese companies to which ARM licenses its chips without being exposed to the commercial restrictions of the United States (ARM is British).
It is also mentioned Qualcomm’s opposition to the agreement, those who are interested that the purchase does not go ahead in order to acquire a stake in ARM, if the company goes public. Also, in Windows Central they mention that the subsidiary ARM China and its CEO, Allen Wu, are immersed in an internal dispute for ousting the executive, with several ongoing lawsuits. In short, to the purchase of ARM by Nvidia dwarfs grow everywhere, and it does not appear that it will be finalized anytime soon.
More on: NVIDIA, ARM, Purchasing, China, Technology and Hardware.