The UK government is to examine the sale of computer chip designer Arm Holdings to a US company on national security grounds. Japan’s SoftBank intended to sell the UK tech company to Nvidia for about $40bn (£29.5bn). But Digital Secretary Oliver Dowden said he wanted the UK’s competition watchdog to assess its implications. “Following careful consideration of the proposed takeover, I have today issued an intervention notice,” he said. “As a next step and to help me gather the relevant… Source link
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