SoftBank will sell British Arm Holdings to American Nvidia

News

SoftBank will sell British Arm Holdings to American Nvidia

14.09.2020 News

In the following days, the Japanese telecommunications holding Softbank intends to sell the large British manufacturer of microprocessors Arm Holdings to one of the world`s leaders in the production of graphics processors, chipsets and software, the American company Nvidia. The deal will be approximately of $ 40 billion. According to the Financial Times, the deal could be announced today. Observers do not exclude that the agreement between Nvidia’s video processor makers and Arm Holdings’ smartphone and tablet processors can cause issues in antitrust authorities.

Although Softbank can sell with a profit the Arm Holdings – four years ago, Japanese paid $ 32 billion for the British company – experts believe such sale is forced. Experts also noted that Softbank failed to fully implement the planned capacity of the Business Development of the Arm Holdings. In addition, according to The Wall Street Journal, Softbank is under pressure from shareholders who are dissatisfied with too low price for the company’s shares on their opinion.

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