NVIDIA’s has reportedly abandoned its plans to purchase ARM, the UK-based business that licenses chip technology used in most smartphones. According to The Information, the deal collapsed on Monday, a year and a half after NVIDIA announced that it’s purchasing the Softbank-owned chip business for cash and stock then valued at $40 billion. Based on NVIDIA’s current stock prices, the deal would’ve been worth over $60 billion if it had gone through today.
The planned takeover, however, was met with opposition from the start. ARM customers Qualcomm and Microsoft objected to the deal, raising concerns that NVIDIA might prevent ARM from licensing its chip designs. The massive acquisition, which would’ve been the largest in the chip sector, was also intensely scrutinized by regulators. UK’s Competition & Markets Authority investigated it twice over its impact product prices and quality, as well as on its implications on national security.
In the US, the Federal Trade Commission sued to block the purchase over concerns that it would stifle competition for multiple technologies. Previous reports said NVIDIA has been preparing to walk away from the deal since early January, seeing as it has made little progress on convincing regulators to approve the purchase.
As The New York Times notes, NVIDIA repeatedly told authorities that it will keep ARM’s business model and even proposed to set up a separate licensing entity for its chip designs. It also said that it will license any ARM-based IP that it develops to all companies without discrimination. “There is no evidence that a combined NVIDIA and ARM would have either the ability or the incentive to harm competition,” its lawyers said in a response to FTC’s lawsuit.
ARM-owner Softbank will get a break fee of up to $1.25 billion as a result of the failed purchase, the sources said. Its Japanese parent company is also expected to take ARM public before the year ends, though it will likely have a tough time matching NVIDIA’s offer.
Valve’s Steam Deck is expected to launch 
With Touch ID being available on Apple’s Mac computers, we’re sure some are wondering if and when Face ID will be making its way onto the Mac as well. Given that the majority of Apple’s Mac computers come with built-in cameras, it certainly feels like a logical move.
Have you ever watched a scary movie but with the sound off? Sure, it might still be scary, but there is no doubt that having a creepy-sounding soundtrack will help elevate that experience. This is why being able to choose the right kind of music is important.