Nvidia’s proposed $40 billion acquisition of Arm Limited has been scrapped entirely. The graphics card manufacturer announced this morning that both companies have agreed to end the agreement because of “significant regulatory challenges preventing the consummation of the transaction, despite good faith efforts by the parties.”
Nvidia was, until December, very much on track to acquire Arm Limited — until the Federal Trade Commission came by to crash the party in December. The FTC sued to block the deal, citing the anti-competitive edge the companies would ostensibly have once combined.
