Nvidia’s ambitious ARM deal has been pulled off the table

Update February 8, 2022  3.30PM IST: Nvidia’s deal to buy ARM has officially been called off. In a statement, Softbank said “significant regulatory challenges” prevented the acquisition. The Japanese conglomerate also mentioned that it’s planning to take ARM public by March 31, 2023.  Softbank will receive $1.25 billion as agreed upon with Nvidia during the announcement of the deal. Geoff Blaber, CEO of CCS Insights said an IPO is the best option for ARM: