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UK disputes ARM takeover Nvidia over 'security concerns'
Nvidia has the intent to purchase the British chipmaker Arm for about $40 billion. Given Arm's impartial stance toward clients like as Qualcomm and Samsung, the acquisition is being investigated by competition regulators in the United Kingdom, China, the United States, and Europe.
According to Bloomberg, the United Kingdom is likely to oppose the agreement. Ultimately, the Competition and Markets Authority (CMA) came to the conclusion that the takeover would have 'serious repercussions for national security' if approved. Despite the fact that no final decision has been reached, the United Kingdom might still accept the deal if certain requirements are met. Secretary of State Oliver Dowden will determine whether or not the transaction should be subjected to additional investigation by the UK's antitrust regulators.
It remains to be seen if this additional inquiry will result in any further delay. In any event, Nvidia has said that the business intends to continue its collaboration with the United Kingdom government:
“We continue to work through the regulatory process with the U.K. government. We look forward to their questions and expect to resolve any issues they may have.”
Dribble
Senior Member
Posts: 314
Joined: 2019-01-18
Senior Member
Posts: 314
Joined: 2019-01-18
#5935696 Posted on: 08/06/2021 03:42 PM
Don't think they need to make illegal payments, just some promises and guarantees securing jobs and it'll go through. It's not like ARM is a UK company, it's Japanese. If they really cared they would have stopped the Japanese taking it over.
You're not in California any more, and, who the hell do you think you are questioning a government? Just because in your little neck of their woods you can make 'campaign donations' to politicians, that crap does not happen in ours, because if any politician in the UK get found out for taking 'campaign donations', they go to PRISON, like they should in EVERY country.
Don't think they need to make illegal payments, just some promises and guarantees securing jobs and it'll go through. It's not like ARM is a UK company, it's Japanese. If they really cared they would have stopped the Japanese taking it over.
Loobyluggs
Senior Member
Posts: 4983
Joined: 2008-09-07
Senior Member
Posts: 4983
Joined: 2008-09-07
#5935908 Posted on: 08/07/2021 01:20 PM
Think again.
Don't think they need to make illegal payments, just some promises and guarantees securing jobs and it'll go through. It's not like ARM is a UK company, it's Japanese. If they really cared they would have stopped the Japanese taking it over.
Think again.
Noisiv
Senior Member
Posts: 8199
Joined: 2010-11-16
Senior Member
Posts: 8199
Joined: 2010-11-16
#5935924 Posted on: 08/07/2021 04:34 PM
it's more than that. Nvidia is an American company. Softbank (the prior owner) is Japanese.
exactly what this is, is a weak government playing what little leverage they have for the media.
it's not as if there's multi-billion dollar fab plants popping up all over Britain.
This is nothing new.
Favoring forceful bargaining strategies despite having a weaker position, and valorising the perception of strength above all else in achieving a beneficial outcome, is a somewhat counterintuitive strategy that UK govt has used for the last several years.
Public really digs it.
OTOH if the US or if Nvidia really wants this - they can make it happen. QUID PRO QUO...
this is a cynical ploy aimed at appeasing the nationalists in the Tory party.
So what if it is?
Everything is aimed at pleasing someone. Why not please "nationalists in the Tory party"? Do you think nationalists are miniscule minority? How is pleasing nationalists more illogical or more immoral or less useful than pleasing stockowners?
I don't get your point.
it's more than that. Nvidia is an American company. Softbank (the prior owner) is Japanese.
exactly what this is, is a weak government playing what little leverage they have for the media.
it's not as if there's multi-billion dollar fab plants popping up all over Britain.
This is nothing new.
Favoring forceful bargaining strategies despite having a weaker position, and valorising the perception of strength above all else in achieving a beneficial outcome, is a somewhat counterintuitive strategy that UK govt has used for the last several years.
Public really digs it.
OTOH if the US or if Nvidia really wants this - they can make it happen. QUID PRO QUO...
this is a cynical ploy aimed at appeasing the nationalists in the Tory party.
So what if it is?
Everything is aimed at pleasing someone. Why not please "nationalists in the Tory party"? Do you think nationalists are miniscule minority? How is pleasing nationalists more illogical or more immoral or less useful than pleasing stockowners?
I don't get your point.
tunejunky
Senior Member
Posts: 3255
Joined: 2017-08-18
Senior Member
Posts: 3255
Joined: 2017-08-18
#5935925 Posted on: 08/07/2021 04:44 PM
This is nothing new.
Favoring forceful bargaining strategies despite having a weaker position, and valorising the perception of strength above all else in achieving a beneficial outcome, is a somewhat counterintuitive strategy that UK govt has used for the last several years.
Public really digs it.
OTOH if the US or if Nvidia really wants this - they can make it happen. QUID PRO QUO...
So what if it is?
Everything is aimed at pleasing someone. Why not please "nationalists in the Tory party"? Do you think nationalists are miniscule minority? How is pleasing nationalists more illogical or more immoral or less useful than pleasing stockowners?
I don't get your point.
the point is the explanation of the reasoning to people unfamiliar with UK
while it's not terribly unusual for a country to have a ruling party that's only there by default... or rather de faults of the opposition (labour) party, the remarkable fact is the tories are still in power and that the Act of Union hasn't been dissolved.
but as a result foreigners are happy to park their money there but not confident to invest in manufacturing there.
the politics of the UK are even more polarized than American politics, and i was making a cautionary tale of it.
This is nothing new.
Favoring forceful bargaining strategies despite having a weaker position, and valorising the perception of strength above all else in achieving a beneficial outcome, is a somewhat counterintuitive strategy that UK govt has used for the last several years.
Public really digs it.
OTOH if the US or if Nvidia really wants this - they can make it happen. QUID PRO QUO...
So what if it is?
Everything is aimed at pleasing someone. Why not please "nationalists in the Tory party"? Do you think nationalists are miniscule minority? How is pleasing nationalists more illogical or more immoral or less useful than pleasing stockowners?
I don't get your point.
the point is the explanation of the reasoning to people unfamiliar with UK
while it's not terribly unusual for a country to have a ruling party that's only there by default... or rather de faults of the opposition (labour) party, the remarkable fact is the tories are still in power and that the Act of Union hasn't been dissolved.
but as a result foreigners are happy to park their money there but not confident to invest in manufacturing there.
the politics of the UK are even more polarized than American politics, and i was making a cautionary tale of it.
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Senior Member
Posts: 4558
Joined: 2014-06-17
Somehow i'm releaved to hear about a good company not being acquired by either Google, Apple or Amazon.