UK Tech Giant Arm Holdings to Sell to US Company Nvidia in $ 40 Billion Deal | Business

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One of Britain’s most successful tech companies, Arm Holdings, is being sold by its Japanese owners for $ 40 billion in a deal that could reshape the semiconductor landscape.Nvidia, a US company, will pay SoftBank $ 21.5 billion in stock and $ 12 billion in cash for the chip designer, although the deal is still subject to regulatory approval in the UK and could be encounter opposition from rivals of its new owners.

Nvidia is expected to face tough conditions to protect jobs and the status of Arm’s Cambridge headquarters as part of the deal.

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