Unsurprisingly, regulators in the United States, Britain and the European union and the opposition of many in the industry, semiconductor chip area biggest deal finally fell through.
On February 8, in the afternoon, nvidia (NASDAQ: NVDA) and Japan's SoftBank group (t) jointly announced, in view of the obstacles to deal significant regulatory challenges, the two sides will terminate the previously announced nvidia at $66 billion price from SoftBank acquired British Arm chip business deals.
Softbank chief executive masayoshi son said later, Arm listed company will go to the United States, most likely to be on the nasdaq, and is planned to be completed in March 31, 2023 for an initial public offering (IPO), is expected to become one of the largest IPO in semiconductor field.
Softbank, according to the agreement, will receive $1.25 billion break-up fee, at the same time, nvidia and Arm reached a cooperation agreement, the former will have a permit for 20 years Arm architecture, the future can be Arm IP license to develop the Arm CPU. "Arm company will have a bright future. As Arm's customer, we will continue to support them in the coming decades." Nvidia, founder and CEO jen-hsun huang said.
In addition, the failure cause Arm company management upheaval, as Simon Arm CEO for nearly 10 years when Gaston (Simon Segars) officially retired, will become in the short term Arm's advisers, support the leadership transition; The most big company revenue department IP products business group President Rene Haas (Rene Haas) immediately took over as CEO position, and add the Arm board.
Market research firm Bernstein analyst Stacy Rasgon said that although the deal fails, but nvidia face the risk of the matter may not have high softbank and Arm. "Nvidia shares, market development prospect unclear, it is still worthy of attention, and they have a lot of liquidity of cash."
RISC - V international foundation director, RIOS Turing award laboratory, farce, core, founder and CEO, director of the joint Tan Zhangxi said yesterday in an interview with the media App titanium, mergers and acquisitions between Arm and nvidia failure, will only for nvidia, softbank, Arm itself has a certain impact, but for RISC - V open architecture, and even the whole chip of semiconductor industry, you will still buy the Arm architecture products, and constantly promote chip design their own independent, independent, open source.
Farce, core families, founder and CEO Tan Zhangxi in T - 2021 titanium media EDGE global innovation conference speech
Farce, core families, founder and CEO Tan Zhangxi in T - 2021 titanium media EDGE global innovation conference speech
As of February 9 time, nvidia shares opened lower high, U.S. stocks ended lower 8, 16 times $251.08 per share, up 1.54%, the market value of $627.7 billion. Softbank 8 shares (9984. T) fell 0.90%, to 5302