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Nvidia buys Arm for USD 40 billion
2020-09-14 09:03:00| Telecompaper Headlines
(Telecompaper) Nvidia announced a definitive agreement to buy Arm from SoftBank for USD 40 billion, minus Arm's IoT Services Group. Nvidia founder and CEO Jensen Huang said the deal will unite Nvidia's AI computing with Arm's CPU expertise to create an AI superpower and advance computing from the cloud, smartphones, PCs, self-driving cars, robotics, 5G and IoT. It will also expand Nvidia's developer reach from 2 million to over 15 million software programmers.
ARM: UK-based chip designer sold to Nvidia
2020-09-14 02:55:48| BBC News | Business | UK Edition
The Cambridge-based company's technology helps power most smartphones among many other gadgets.
From Oil and Gas Investor Editor-in-Chief: Major Stiff Arm
2020-09-04 18:00:00| OGI
With American giant Exxon Mobil exiting the Dow Jones Industrial Average, its hard to imagine a silver lining in a bad year for the industry, but good newsvery good newsmight be just around the corner.
Arm drops plan to spin off IoT operations to parent SoftBank
2020-08-25 11:49:00| Telecompaper Headlines
(Telecompaper) UK-based mobile chip company Arm has abandoned plans to spin off two IoT businesses to parent SoftBank, reports the Wall Street Journal.
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Nvida may be close to buying Arm, but is it a good idea?
2020-08-04 02:00:00| Total Telecom industry news
Over the weekend, it was reported that Nvidia was in talks with SoftBank for the purchase of UK chip-maker Arm. Such a purchase, valued at around $55 billion, would see Nvidia solidify its position ahead of rival Intel as the 'world’s most valuable chip-maker'. SoftBank themselves first purchased the UK business for $32 billion in 2016…read more on TotalTele.com »
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