NVIDIA Still Expects its Arm Acquisition to Conclude by Early 2022

NVIDIA is confident that its acquisition of British chipmaker, Arm will conclude in the first half of 2022. During the company’s Q1 earnings call, CFO Colette Kress stated the Arm acquisition is making steady progress, and regulators across different regions are presently presiding over the case. She further said that the acquisition is still on track for a successful resolution by early 2022, as originally planned.

This is despite the fact that multiple regulators, especially British agencies have launched probes to look into the takeover. If either of these investigations decides that the acquisition is a threat to the national security of the United Kingdom, it’ll likely be delayed and possibly even blocked.

On our Arm acquisition, we are making steady progress in working with the regulators across key regions. We remain on track to close the transaction within our original timeframe of early 2022. Arm’s IP is widely used, but the company needs a partner that can help it achieve new heights. NVIDIA is uniquely positioned to enhance Arm’s capabilities, and we are committed to investing in developing the Arm ecosystem, enhancing R&D, adding IP, and turbocharging its development to grow into new markets in the data center, IoT, and embedded devices, areas where it only has a light footprint or in some cases, none at all.

Colette Kress, NVIDIA CFO

With Grace, NVIDIA has a three-chip strategy with GPU, DPU, and now CPU. The Swiss National Supercomputing Center and the US Department of Energy’s Los Alamos National Laboratory are the first to announce plans to build Grace-powered supercomputers. Grace will be available in early 2023.

Areej Syed

Processors, PC gaming, and the past. I have been writing about computer hardware for over seven years with more than 5000 published articles. Started off during engineering college and haven't stopped since. Mass Effect, Dragon Age, Divinity, Torment, Baldur's Gate and so much more... Contact: areejs12@hardwaretimes.com.
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