Nvidia has confirmed that it has purchased Arm from Softbank in a $40 billion deal.
According the terms, Nvidia will pay SoftBank $ 12 billion in cash and $ 21,5 billion in Nvidia shares, with $ 5 billion being subject to a profit clause. Nvidia does not purchase Arm IoT services.
"Simon Segars and his team at Arm have created a great company that contributes to almost every tech market in the world," said Jensen Huang, founder and CEO of Nvidia.
“By bringing together Nvidia's AI computing capabilities with Arm's massive CPU ecosystem, we can advance computing in the cloud, smartphones, PCs, cars and robotics, to the IoT and to extend AI computing to every corner of the planet.”
The companies said Arm will remain in the Cambridge. The purchase is expected to take 18 months to close.
SoftBank acquired Arm in 2016 for 24,3 XNUMX billion.
The agreement needs regulatory approval in the United Kingdom, China, the US and the EU.
“Nvidia doesn't design CPUs, and it doesn't license IP to semiconductor companies, so in that way, we're not a competitor. We have every intention of adding more tools IP and also unlike Arm, Nvidia is not involved in the mobile phone market”.
"Our goal is to combine the engineering and technology-capability of both companies, so that we can accelerate the development of technology for the huge ecosystem of Arm, and one of the areas… that we are very interested in, is to accelerate the development Server CPU. ”
