Published by Josh White on 20th April 2021
(Sharecast News) - Ministers have ordered a formal investigation into the proposed $40 billion takeover of Arm by America's Nvidia, citing concerns the deal could diminish Britain's national security. Oliver Dowden, the culture secretary, has told the competition watchdog to begin a "phase one" investigation of the acquisition of the microchip designer, which is considered the most successful technology to have emerged from the UK in recent decades. - The Times