Nvidia confirms acquisition of Arm Holdings from SoftBank for $40 billion

9to5mac.com
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Nvidia confirmed today that it is acquiring chip designer Arm from SoftBank for $40 billion. Notably, Apple licenses technology from Arm Holdings for the A-series processors used in the iPhone and iPad, as well as the upcoming Apple Silicon chips for Mac. Reports first suggested that SoftBank was mulling a sale of Arm Holdings back […]
Nvidia confirmed today that it is acquiring chip designer Arm from SoftBank for $40 billion. Notably, Apple licenses technology from Arm Holdings for the A-series processors used in the iPhone and iPad, as well as the upcoming Apple Silicon chips for Mac.

Reports first suggested that SoftBank was mulling a sale of Arm Holdings back in July. Now, the deal has been made official. As reported by Bloomberg, Nvidia will acquire Arm Holdings from SoftBank for $21.5 billion in stock and $12 billion in cash, as well as a $2 billion payment at signing and an additional $5 billion contingent upon Arm performance.

For Apple, it's unclear what exactly Nvidia's acquisition of…
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