Nvidia offers EU concessions over Arm buy
06/10/2021 08:53
BRUSSELS, Oct 6 (Reuters) - Nvidia NVDA.O has offered
concessions in a bid to secure EU antitrust approval for its $54
billion acquisition of British chip designer Arm ARME.PK , a
European Commission filing showed on Wednesday.
The world's biggest maker of graphics and AI chips announced
the deal last year, triggering concerns in the semiconductor
industry over whether Arm could remain a neutral player
licensing key intellectual property to customers and rivals.
The EU competition enforcer did not provide details of the
concessions in line with its policy. It set an Oct. 27 deadline
for its decision.
(Reporting by Foo Yun Chee, Editing by Louise Heavens)
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