Categories
Investment

NVIDIA enters agreement to acquire Arm from SoftBank for $40 bn

NVIDIA and SoftBank Group Corp (SBG) announced a definitive agreement under which NVIDIA will acquire Arm Limited from SBG and the SoftBank Vision Fund in a transaction valued at $40 billion.  The combination brings together NVIDIA’s leading AI computing platform with Arm’s vast ecosystem to create the premier computing company for the age of artificial […]