Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Digital, Culture, Media and Sport, what assessment he has made of the potential merits of placing a legal obligation on Nvidia to keep ARM’s headquarters in Cambridge if the planned sale of ARM to Nvidia goes ahead.
The Government monitors acquisitions and mergers closely. When a takeover may have a significant impact on the UK we will not hesitate to investigate further and take appropriate action. We are examining this deal carefully to understand its impact on the UK.