According to foreign media VentureBeat, News, Invidia CEO Huang Renxun said in an interview that he is confident that Nvidia’s acquisition of ARM will be completed in 2022, and the company expects that the regulatory approval process will continue. Around 18 months .
Nvidia decided in September 2020 to plan to acquire the British company ARM for US$40 billion. Nvidia has reached an agreement with SoftBank Group, the owner of ARM, which is still subject to regulatory approval. Although Nvidia agreed to retain a 10% stake in SoftBank, the acquisition was strongly opposed by the UK and its peers.
During GTC 2021, Nvidia showed off its first ARM CPU, named Project Grace . This product is used for AI artificial intelligence calculations, designed for data centers, and is expected to come out in 2022. Foreign media said that this CPU is not only an attempt by NVIDIA to test water processor manufacturing, but also shows its determination to acquire ARM.
Huang Renxun said in the interview, “I am confident that the regulators have enough wisdom to recognize this acquisition, which will help innovation, and will bring new products to the market. If the acquisition can be completed, it will help ARM’s development. The market business extends to areas that were previously difficult to reach. Like many previously announced collaborations, NVIDIA has brought AI technology to the ARM ecosystem, allowing NVIDIA’s high-performance accelerated computing platform to be used in the ARM ecosystem.”
Naijatechnews learned that Huang Renxun also recognized ARM’s authentication and authorization methods and expressed his love for open platforms. In addition, he also said that the acquisition of ARM will bring many benefits to both companies.
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