Qualcomm Objects to Nvidia’s Arm Acquisition, CNBC Says

Feb. 12, 2021, 3:39 PM UTC

Qualcomm told regulators it is against Nvidia’s acquisition of Arm, CNBC reported, citing sources familiar with the matter.

  • Company told Federal Trade Commission, the European Commission, the U.K.’s Competition and Markets Authority and China’s State Administration for Market Regulation that it has concerns
  • FTC has asked SoftBank, Nvidia and Arm to provide it with more information, CNBC said, citing two sources familiar with the deal
  • The European Commission, the EU’s executive arm, and the CMA declined to comment; the FTC and the SAMR did not immediately respond to a request for comment: CNBC
  • Qualcomm and Arm declined to comment; SoftBank ...

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