Google, Microsoft and Qualcomm warn market watchdogs against Arm takeover
Several major tech companies, including Google, Microsoft and Qualcomm, are complaining to market watchdogs about the acquisition of the British ARM by Nvidia. Bloomberg writes that on the basis of his sources. It is not known which other companies have this position.
The companies are said to have contacted all the major authorities involved: those in the United States, the United Kingdom, the European Union and China. Certainly one of those companies would even want the deal to be cut off completely, instead of having conditions attached to it. None of the sources within the companies respond by name, as they do not have permission to do so. Nvidia plans to deposit $40 billion for Arm.
Nvidia promised at the time of the announcement that the Arms would maintain an open licensing model and neutral stance towards customers if the acquisition goes through. Even now, Arm licenses its CPU technologies to any party that wishes to do so. The fear is that if Nvidia becomes the owner of Arm, it will suddenly become more difficult or more expensive for Nvidia’s competitors to purchase Arm technology. Some of Arm’s customers include Apple, Intel, Samsung, Amazon, Huawei, Marvell, AMD, Broadcom, and NXP.
Not long after the deal went public, Arm’s co-founder indicated that the deal would “destroy” Arm’s business model. He said of Nvidia’s promises that “statements that are not legally binding” should not be believed. A month later, Bloomberg reported that a group of Chinese tech companies, including Huawei, also disapproved of the purchase.