ARM Co-Founder Says: Selling ARM to NVIDIA would be a disaster
Summary
The ARMs co-founder said it would be disastrous if the British tech were sold to an American computer company that is reportedly negotiating an acquisition. The tech entrepreneur - who spun off ARM from Acorn Computers in 1990 - says ministers should help make it an independent UK business again. Four years on, after a number of big bets went wrong for the Japanese firm - notably its investment in the shared office space business WeWork - SoftBank wants to dispose of ARM, either returning it to the stock market through a share sale or letting another organisation buy it outright. The last weekend in July, I contacted Dr Hauser who spends the UKs winters in New Zealand and remained there because of the coronavirus pandemic. This past weekend he got back in touch to say the reports now looked very credible and his concern had deepened.
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