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Nvidia's dream of owning Arm is officially over

Feb, 07, 2022 Hi-network.com
Image: Getty Images

Much like the rumours in 2020 leading up to the official confirmation that Nvidia would look to purchase Arm for$40 billion, the rumour mill to start 2022 has been in overdrive before confirmation arrived on Tuesday that the deal has crashed against the shore.

"Nvidia and [SoftBank Group] have agreed to terminate the agreement on February 8, 2022 because of significant regulatory challenges preventing the consummation of the transaction, despite good faith efforts by the parties," a statement from SoftBank said.

"In accordance with the terms of the agreement, the deposit of$1.25 billion (

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