REUTERS: SoftBank Group Corp announced on Monday the sale of chip designer Arm to Nvidia Corp for as much as US$40 billion in a deal set to reshape the semiconductor landscape. The deal, which is subject to regulatory approvals including in Britain, the United States and China, will be putting a long-neutral technology vendor to Apple Inc and others under the control of a single player. It could face potential pushback from regulators, as the ongoing U.S.-China tech spats have put any global deal in the semiconductor sector under much tighter scrutiny. Below are a list of prominent global deals that collapsed due to regulators’ rejection in the last five years: * U.S. President Donald Trump in March, 2018, blocked microchip maker Broadcom Ltd’s proposed takeover of Qualcomm Inc on national security grounds. * Qualcomm Inc walked away from a US$44 billion deal to buy NXP Semiconductors after failing to secure Chinese regulatory approval in July, 2018 amidst China-U.S. trade talks. China’s State Administration for Market Regulation (SAMR), the antitrust regulator reviewing the deal, did not respond to the companies after the deadline for the deal to expire passed. * Semiconductor equipment maker Lam Research Corp in 2016 terminated its… Read full this story
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