Nvidia will acquire Arm from SoftBank for $40 billion, the companies announced Sunday.
“Arm will remain headquartered in Cambridge," Jensen Huang, founder and CEO of Nvidia, said in a statement. "We will expand on this great site and build a world-class AI research facility, supporting developments in healthcare, life sciences, robotics, self-driving cars and other fields. And, to attract researchers and scientists from the UK and around the world to conduct groundbreaking work, Nvidia will build a state-of-the-art AI supercomputer, powered by Arm CPUs. Arm Cambridge will be a world-class technology center.”
“Arm and Nvidia share a vision and passion that ubiquitous, energy-efficient computing will help address the world’s most pressing issues from climate change to healthcare, from agriculture to education,” said Simon Segars, CEO of Arm. “Delivering on this vision requires new approaches to hardware and software and a long-term commitment to research and development."
SoftBank acquired Arm in 2016. At the time, PCMag's Sascha Segan argued that Arm's neutrality in the business was "a huge part of the success of mobile tech, and SoftBank's $32 billion purchase puts that in peril."
Nvidia said today that "Arm will continue to operate its open-licensing model while maintaining the global customer neutrality that has been foundational to its success."
The deal will need to be approved by regulators in the UK, China, the European Union, and US, which is expected to take about 18 months.
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