It’s Official- NVIDIA Acquires Arm For $40B To Create What Could Be A Computing Juggernaut

The following are the deal highlights:

• “Price: $40B, NVIDIA stock and cash
• Accretion: immediately accretive to NVIDIA non-GAAP gross margin and EPS
• Cambridge investments: Create “world-class” AI research and education center for healthcare, life sciences, robotics, and self-driving cars. Also, build an Arm/NVIDIA-based AI supercomputer for research
• Softbank ownership: Will keep 10% stake in new entity”

https://www.google.com/amp/s/www.forbes.com/sites/patrickmoorhead/2020/09/13/its-officialnvidia-acquires-arm-for-40b-to-create-what-could-be-a-computing-juggernaut/amp/