© Nvidia Business | September 14, 2020
It's official - NVIDIA to acquire Arm for $40 billion
NVIDIA and SoftBank have entered into a definitive agreement under which NVIDIA will acquire Arm Limited from SoftBank in a transaction valued at USD 40 billion.
The combination will see the merging of NVIDIA’s AI computing platform with Arm’s ecosystem. SoftBank says it will remain committed to Arm’s long-term success through its ownership stake in NVIDIA, expected to be under 10%. “AI is the most powerful technology force of our time and has launched a new wave of computing,” says Jensen Huang, founder and CEO of NVIDIA, in a press release. “In the years ahead, trillions of computers running AI will create a new internet-of-things that is thousands of times larger than today’s internet-of-people. Our combination will create a company fabulously positioned for the age of AI. “This combination has tremendous benefits for both companies, our customers, and the industry. For Arm’s ecosystem, the combination will turbocharge Arm’s R&D capacity and expand its IP portfolio with NVIDIA’s world-leading GPU and AI technology,” Huang continues. Following the transaction, Arm will remain headquartered in Cambridge, but with some added muscles. According to the press release NVIDIA intends to expand this site and build a new AI research facility, supporting developments in healthcare, life sciences, robotics, self-driving cars and other fields. The companies a also intends to build an AI supercomputer, powered by Arm CPUs. “NVIDIA is the perfect partner for Arm,” says Masayoshi Son, chairman and CEO of Softbank. “Since acquiring Arm, we have honored our commitments and invested heavily in people, technology and R&D, thereby expanding the business into new areas with high growth potential. Joining forces with a world leader in technology innovation creates new and exciting opportunities for Arm. This is a compelling combination that projects Arm, Cambridge and the U.K. to the forefront of some of the most exciting technological innovations of our time and is why SoftBank is excited to invest in Arm’s long-term success as a major shareholder in NVIDIA.” “Arm and NVIDIA share a vision and passion that ubiquitous, energy-efficient computing will help address the world’s most pressing issues from climate change to healthcare, from agriculture to education,” adds Simon Segars, CEO of Arm. “Delivering on this vision requires new approaches to hardware and software and a long-term commitment to research and development. By bringing together the technical strengths of our two companies we can accelerate our progress and create new solutions that will enable a global ecosystem of innovators.” As part of NVIDIA, Arm will continue to operate its open-licensing model while maintaining the global customer neutrality. Following the closing of the transaction, NVIDIA intends to retain the name and brand identity of Arm and expand its base in Cambridge. Arm’s intellectual property will also remain registered in the UK. The press release also states that SoftBank and Arm are fully committed to satisfying the undertakings made by SoftBank when it acquired Arm in 2016, which are scheduled to complete in September 2021.These commitments were to maintain the headquarters of ARM in Cambridge and also (at least double) the employee headcount in the UK over the next five years NVIDIA will build on Arm’s R&D presence in the UK., establishing a new global center of excellence in AI research at Arm’s Cambridge campus. Under the terms of the transaction, which has been approved by the boards of directors of NVIDIA, Softbank and Arm, NVIDIA will pay to SoftBank a total of USD 21.5 billion in NVIDIA common stock and USD 12 billion in cash, which includes USD 2 billion payable at signing. The proposed transaction is as usual subject to customary closing conditions, including the receipt of regulatory approvals for the UK., China, the EU and the United States. The companies expect to complete the transaction within approximately 18 months.
Cree expands its operations leadership team SiC technology specialist Cree is expanding its operations leadership team as part of the company's growth and capacity expansion plans and planned retirement of Rick McFarland, Cree’s Senior Vice President of Global Operations, in the Summer of 2022.
Diode Dynamics expands with new 70,000 sq. ft HQ facility. Automotive LED lighting manufacturer, Diode Dynamics, has announced the construction of a new 70,000 square-foot headquarters facility. The project is located on 10 acres within the Fountain Lakes development in St. Charles, Missouri, and is expected to open this fall.
Sponsored content by ICAPE GroupICAPE Group Service Office in Asia In a context where traveling can be difficult, finding a good partner for your production of electronics parts can be a real challenge. With its unique organization and a Headquarters in China where all the key services are located close to the factories and fully operational, ICAPE Group provides a global solution.
NXP sees its 2Q revenues jump 43% YoY "NXP delivered second-quarter revenue of $2.6 billion, an increase of 43 percent versus the year-ago period, and better than the mid-point of our guidance.” says Kurt Sievers, NXP President and CEO
Infineon sees increase in revenue despite headwinds “Demand for semiconductors is unbroken, as they play a key role in enabling the energy transition and digitalization. Currently, however, the market is faced with an extremely tight supply situation,” Dr. Reinhard Ploss, CEO of Infineon says in the company's quarterly report.
Transphorm closes JV transaction for acquisition of AFSW Wafer-Fab Transphorm, a supplier of gallium nitride (GaN) power conversion products, has close of the transaction for the acquisition of 100% interest in the company’s AFSW wafer-fab facility by GaNovation, Transphorm’s recent joint venture with Palo Alto-based JCP Capital, a new strategic-financial partner.
SK Siltron to invest $300 million in Michigan expansion SK Siltron CSS, a semiconductor wafer manufacturer, plans to invest USD 300 million and create up to 150 high-paying, skilled jobs in Bay County, Michigan, over the next three years.
Sponsored content by Shenzen Kinwong ElectronicThe development trend of printed circuit board products and Kinwong's solution With the rapid development of electronic technology in recent years, printed circuit board (PCB) products are pursuing higher heat dissipation capabilities, with high voltage and high current characteristics, and are developing towards high-density interconnection technology (HDI).
Adjusting the gain of a fixed-gain difference amplifier Question: Is it possible to increase the gain of a fixed-gain difference amplifier?
Shortages, strategies and the future - a Q&A about a crisis Following a number of articles and analyst reports covering the current ongoing semiconductor crisis, Evertiq reached out to Chintan Sutaria, president of quoting and supply chain software provider CalcuQuote, to pick his brain on the topic.
RF manufacturer orders multiple solstice plating systems ClassOne, a provider of semiconductor electroplating and surface preparation systems, has received multiple tool orders from an unnamed RF device manufacturer.
Siltronic to expand with second 300 mm fab in Singapore Siltronic announces that the company has decided to build a second 300 mm fab at its site in Singapore to support the strong demand of the tight semiconductor market.
STMicro manufactures first 200mm SiC wafers in Sweden STMicroelectronics has manufactured the first 200mm (8-inch) Silicon-Carbide (SiC) bulk wafers for prototyping next-generation power devices from its facility in Norrköping, Sweden.
SkyWater to invest $56M in Minnesota capacity expansion SkyWater Technology's Board of Directors has approved USD 56 million in capital investments to expand the capacity and capabilities of its Minnesota facility and to accelerate the company’s entry into the 200 mm GaN market.
Silicon Labs completes sale of Infrastructure & Automotive business Silicon Labs announces that it has completed the divestiture of its Infrastructure & Automotive business to Skyworks Solutions for USD 2.75 billion in an all-cash asset transaction.
Strong improvement for RoodMicrotec Semiconductor supplier RoodMicrotec's total income during the first half of 2021 amounted to EUR 7.3 million, which is 36% above the total income of the same period 2020 and 12% higher than the total income reported for the second half of 2020.
TSMC says its to early make a final decision on German expansion Semiconductor foundry giant TSMC says that it’s too early to say whether the company will expand with new factories in Germany and that discussions are still in early stages.
Sivers Photonics invests to expand capacity Sivers Photonics, a part of Sivers Semiconductors, is looking to expand it manufacturing capability and capacity with a fab investment of up to GBP 3 million in 2021.
Molex goes with FUJI NXT series pick-and-place machines Molex CVS Dabendorf GmbH has decided to use the NXT III placement machine from FUJI EUROPE CORPORATION GmbH.
Inductor current measurement in switched power supplies Question: How do you measure inductor current?
Fingerprint Cards partners with Mouser Electronics Swedish biometrics company Fingerprint Cards has entered into a collaboration with global distributor Mouser Electronics.
GF CEO on Intel rumour: “There’s nothing to that story” In an interview with Jon Fortt from CNBC, GlobalFoundries’ CEO Tom Caulfield sets the record straight regarding the Wall Street Journal’s report of a potential USD 30 billion acquisition by Intel.
Applied Engineering to set up JV operations with Malaysian counterpart US-based Applied Engineering (AE) will be establishing a joint venture (JV) plant with Malaysian counterpart, QES Manufacturing Sdn. Bhd. (QES) in Batu Kawan Industrial Park, Pulau Pinang later this year.
GlobalFoundries to build new fab in upstate New York The semiconductor manufacturer says that it will build a new fab in Malta, New York in a private-public partnership. The new fab willl "double the site’s capacity" and create more than 1'000 new direct high-tech jobs.
MKS completes its acquisition of Photon Control MKS Instruments has completed its previously announced acquisition of Photon Control Inc.
Renesas to close its Yamaguchi factory next year Renesas says that it has decided to consolidate the Yamaguchi Factory (located in Ube, Yamaguchi Prefecture in Japan) of its wholly owned subsidiary, Renesas Semiconductor Manufacturing Co., Ltd. at the end of June 2022.
Intel looking to buy GlobalFoundries for $30 billion? US chipmaker Intel is reportedly in talks to acquire semiconductor manufacturer GlobalFoundries for some USD 30 billion, reports the Wall Street Journal citing sources familiar with the matter.Load more news