NVIDIA`s $40 billion purchase of Arm falls through, confirms SoftBank
(Windows Phone Central)

Following `significant regulatory challenges,` NVIDIA will not acquire Arm. What you need to know SoftBank confirmed today that NVIDIA will not purchase Arm, as both companies have agreed to terminate their deal. The planned purchase ran into several regulatory issues, which ultimately led to SoftBank and NVIDIA stopping the acquisition. SoftBank is preparing to publicly list Arm within the fiscal year ending on March 31, 2023. NVIDIA`s $1.5 billion deposit will be kept by SoftBank. NVIDIA will not purchase Arm. The news was confirmed by SoftBank (PDF), the owners of Arm, in a statement. Initially, NVIDIA agreed to acquire Arm for $40 billion, but both companies have decided to terminate the deal as it ran into significant pushback from multiple regulatory bodies. The Financial Times first reported the deal falling through. `Nvidia and [SoftBank Group] have agreed to terminate the agreement on February 8, 2022 because of significant regulatory challenges preventing the consu...