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UK government orders investigation into Nvidia’s $40bn Arm takeover

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April 19, 2021 at 03:09PM

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Culture secretary cites competition and national security concerns over Cambridge-based chip designer

The UK government has stepped in to order an investigation of Nvidia’s $40bn takeover of the Cambridge-based chip designer Arm, citing potential national security concerns.

Oliver Dowden, the UK culture secretary, has written to the Competition and Markets Authority (CMA) instructing it to begin a “phase one” investigation into the deal, which was announced in September.

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