The Department of Digital Technologies, Culture, Media and Sports of Great Britain ordered to investigate the deal on the purchase of the British developer of processor architectures ARM by the American company NVIDIA for $ 40 billion. for market competition; and for the national security of the country.
The investigation was initiated by UK Digital Secretary Oliver Dowden. “After careful consideration of the proposed ARM takeover, I posted a National Security Intervention Notice today.”, – commented Dowden. What exactly might be the threat, Dowden’s message does not say, but he claims that “Took into account the recommendations received from officials in the field of investment security”.
Dowden also noted that the UK authorities want to support the country’s IT industry and welcome investments from abroad. At the same time, it is necessary “Consider the implications of such a transaction for national security”, since ARM technologies are also used in developments related to defense and national security.
NVIDIA, in turn, is convinced that the purchase of ARM does not create any significant problems in this area. “We will continue to work closely with the British authorities, which we have done since the announcement of this deal.”– said the representative of NVIDIA.
Amid news about the verification of the impact of the deal on the national security of Great Britain, the shares of the American company fell 1,8% at the opening of the New York Stock Exchange.
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