Mergers and acquisitions
2 entries between August 2016 and September 2020.
Every entry
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Nvidia agrees to buy Arm from SoftBank for $40 billion
Nvidia and SoftBank Group announced on 13 September 2020 a definitive agreement for Nvidia to buy the chip designer Arm for about $40 billion in cash and stock. Nvidia said it would keep Arm’s licensing model and build a research center in Cambridge, England.
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Uber acquires the self-driving truck company Otto
Uber said it had bought Otto, a San Francisco startup building self-driving retrofit kits for freight trucks, in a deal reported at up to $680 million in Uber equity. Otto’s co-founder Anthony Levandowski took charge of Uber’s self-driving work.