The Federal Trade Commission is suing to prevent NVIDIA from acquiring ARM for $40 billion. NVIDIA and Softbank agreed to the deal in September of 2020, but regulators in the U.K., EU, China and now the U.S. have all raised concerns. NVIDIA had originally hoped to close the deal in 2022, but that seems to […]
acquisitions
Qualcomm abandons bid to acquire chip maker NXP
For the past two years Qualcomm has been trying to buy rival chip maker NXP. Now Qualcomm is giving up. According to Reuters the deal, which was most recently valued at $44 billion, would have been “the biggest semiconductor takeover globally,” but it failed to gain approval of Chinese regulators. US-based Qualcomm is already the […]
Trump blocks Broadcom’s effort to takeover Qualcomm for national security concerns
Broadcom has been trying to buy Qualcomm for months, and while Qualcomm’s board has been cool to the proposals so far, Qualcomm has suggested that it might be willing to sell for the right price… assuming the deal wouldn’t run afoul of government regulators. Now it looks like we won’t even get to that last […]
Amazon goes bricks and mortar in a big way with $13.7 billion purchase of Whole Foods
Amazon started its life as an online bookseller, presenting a new way to shop for books without visiting a store. These days the company sells practically anything you can ship including books, groceries, hardware, and Amazon’s own line of hardware that you can use to read eBooks, watch videos, play games, and shop… from Amazon. […]