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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Originally posted in the guardian.
