Merger Update: NVIDIA/Arm

RNS Announcement

RNS Number : 8610F

Competition and Markets Authority

20 July 2021

Anticipated acquisition by NVIDIA Corporation of Arm's Intellectual Property Group business

Report delivered to Secretary of State

20 July 2021: The CMA has delivered its report to the Secretary of State for Digital, Culture, Media and Sport (DCMS). The report includes an assessment of whether the CMA believes that it is (or may be) the case that this transaction (if carried into effect) would result in the creation of a relevant merger situation under the provisions of the Enterprise Act 2002, the CMA's competitive assessment including its assessment of whether undertakings-in-lieu of reference would be appropriate, and a summary of any representations on national security matters received from third parties.

Any decision on whether the transaction operates, or may be expected to operate, against the public interest is taken by the Secretary of State for DCMS.

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RNS metadata

Title: Merger Update: NVIDIA/Arm
Time: 13:37:56
Date: 20 Jul 2021
Category: Acquisitions and alliances
ID: 8610F