Federal Trade Commission celebrating after Nvidia/Arm deal collapses
(2022/02/15)
- Reference: 1644901151
- News link: https://www.theregister.co.uk/2022/02/15/ftc_praises_collapse_of_arm_nvidia_deal/
- Source link:
The US Federal Trade Commission (FTC) has taken a victory lap of sorts, welcoming Nvidia's termination of its proposed $66 billion acquisition of chip design champion Arm.
In a Monday [1]statement , the Commission opined that combining the companies would result in the largest semiconductor chip merger to date – before claiming its demise would "preserve competition for key technologies and safeguard future innovation."
The FTC then gloated a little.
[2]
"This result is particularly significant because it represents the first abandonment of a litigated vertical merger in many years," the statement added, before praising global efforts by fellow competition regulators who also probed the proposed, but ultimately doomed, deal.
[3]
The agencies listed as providing cooperation included those in the European Union, United Kingdom, Japan and South Korea – suggesting that opposition to the deal was widespread and significant.
[4]Beware the big bang in the network room
[5]IBM looked to reinvigorate its 'dated maternal workforce'
[6]Reality check: We should not expect our communications to remain private
[7]IT technician jailed for wiping school's and pupils' devices
[8]Red Hat signals Intel's software-defined silicon will debut in Linux 5.18
Opposition to the Nvidia/Arm deal centred on the possibility that third parties fond of using Arm designs – such as Qualcomm, Microsoft, and Google – could be put at a disadvantage because Nvidia is a big user of Arm tech.
As a mere licensee and customer of Arm, Nvidia won't be able to order changes that meet its needs. But as our sibling publication, [9]The Next Platform has pointed out , Nvidia is a big customer – so its influence will remain considerable. ®
Get our [10]Tech Resources
[1] https://www.ftc.gov/news-events/press-releases/2022/02/statement-termination-of-nvidia-attempted-acquisition-of-arm-ltd
[2] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offbeat/legal&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=2&c=2YgszdlwsdTX6htCPs7BaRAAAAI8&t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0
[3] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offbeat/legal&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44YgszdlwsdTX6htCPs7BaRAAAAI8&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0
[4] https://www.theregister.com/2022/02/14/who_me/
[5] https://www.theregister.com/2022/02/14/ibm_age_discrimination_court_documents/
[6] https://www.theregister.com/2022/02/14/encryption_debate_for1_monday/
[7] https://www.theregister.com/2022/02/14/adam_georgeson_jailed_it_technician_welland_park/
[8] https://www.theregister.com/2022/02/14/intel_sdsi_linux_5_18/
[9] https://www.nextplatform.com/2022/02/08/what-nvidia-cant-buy-it-can-still-get-through-an-arm-partnership/
[10] https://whitepapers.theregister.com/
In a Monday [1]statement , the Commission opined that combining the companies would result in the largest semiconductor chip merger to date – before claiming its demise would "preserve competition for key technologies and safeguard future innovation."
The FTC then gloated a little.
[2]
"This result is particularly significant because it represents the first abandonment of a litigated vertical merger in many years," the statement added, before praising global efforts by fellow competition regulators who also probed the proposed, but ultimately doomed, deal.
[3]
The agencies listed as providing cooperation included those in the European Union, United Kingdom, Japan and South Korea – suggesting that opposition to the deal was widespread and significant.
[4]Beware the big bang in the network room
[5]IBM looked to reinvigorate its 'dated maternal workforce'
[6]Reality check: We should not expect our communications to remain private
[7]IT technician jailed for wiping school's and pupils' devices
[8]Red Hat signals Intel's software-defined silicon will debut in Linux 5.18
Opposition to the Nvidia/Arm deal centred on the possibility that third parties fond of using Arm designs – such as Qualcomm, Microsoft, and Google – could be put at a disadvantage because Nvidia is a big user of Arm tech.
As a mere licensee and customer of Arm, Nvidia won't be able to order changes that meet its needs. But as our sibling publication, [9]The Next Platform has pointed out , Nvidia is a big customer – so its influence will remain considerable. ®
Get our [10]Tech Resources
[1] https://www.ftc.gov/news-events/press-releases/2022/02/statement-termination-of-nvidia-attempted-acquisition-of-arm-ltd
[2] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offbeat/legal&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=2&c=2YgszdlwsdTX6htCPs7BaRAAAAI8&t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0
[3] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offbeat/legal&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44YgszdlwsdTX6htCPs7BaRAAAAI8&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0
[4] https://www.theregister.com/2022/02/14/who_me/
[5] https://www.theregister.com/2022/02/14/ibm_age_discrimination_court_documents/
[6] https://www.theregister.com/2022/02/14/encryption_debate_for1_monday/
[7] https://www.theregister.com/2022/02/14/adam_georgeson_jailed_it_technician_welland_park/
[8] https://www.theregister.com/2022/02/14/intel_sdsi_linux_5_18/
[9] https://www.nextplatform.com/2022/02/08/what-nvidia-cant-buy-it-can-still-get-through-an-arm-partnership/
[10] https://whitepapers.theregister.com/