Saudi Press

Saudi Arabia and the world
Saturday, Jul 12, 2025

Arm's $40bn sale to Nvidia is called off after US-UK regulatory pressure

Arm's $40bn sale to Nvidia is called off after US-UK regulatory pressure

Arm is now set to make it back to the stock market under a new chief executive but it is yet to be revealed if the listing would mark a return to London.

The $40bn deal for US tech giant Nvidia to buy UK computer chip designer Arm has collapsed after the takeover attracted regulatory hurdles on both sides of the Atlantic.

Arm's owner, the Japanese conglomerate SoftBank, and the US firm said the plug had been pulled on the deal, which was first agreed two years ago, and confirmed that Arm would return to the stock market instead.

The takeover, which would have created a company with a value of around $80bn, had first faced the prospect of trouble when the British government ordered an in-depth probe over national security and competition grounds.

Arm was delisted after its 2016 takeover by Softbank


That was after an initial investigation by the Competition and Markets Authority warned that the proposed tie-up could weaken rivals and stifle innovation.

There was a similar reaction from the authorities in Asia and the European Union but the killer blow came in December when the US Federal Trade Commission sued to block the deal.

It argued that competition in the markets for chips in self-driving cars and a new category of networking chips could be hurt if Nvidia carried out the purchase.

SoftBank had only acquired Arm in 2016, paying $32bn to take the company private.

It had been looking to make a quick profit to boost flagging fund values.

Arm - best-known for its chips in Apple and Samsung smartphones - said it had appointed Rene Haas to replace Simon Segars as its chief executive officer and member of the board, effective immediately.

The company is now expected to be prepared for a return to the stock market in 2023 though the potential locations were not disclosed.

Masayoshi Son, Softbank's chief executive, said of the new plan: "Arm is becoming a centre of innovation not only in the mobile computing revolution, but also in cloud computing, automotive, the Internet of Things and the metaverse, and has entered its second growth phase.

"We will take this opportunity and start preparing to take Arm public, and to make even further progress."

Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Russia Formally Recognizes Taliban Government in Afghanistan
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Emirates Airline Expands Market Share with New $20 Million Campaign
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
Amazon Reaches Major Automation Milestone with Over One Million Robots
Meta Announces Formation of Ambitious AI Unit, Meta Superintelligence Labs
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
Explosions Rock Doha as Iranian Missiles Target Qatar
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Iran Intensifies Crackdown on Alleged Mossad Operatives After Sabotage Claims
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
Iran Conducts Ballistic Missile Launches Amid Heightened Tensions with Israel
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
×