ARM

(asked on 15th September 2020) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask Her Majesty's Government whether they will require NVIDIA to grant them the same powers that will be held by the Committee on Foreign Investment in the United States in connection with the future ownership of Arm if that company is acquired by NVIDIA.


Answered by
Baroness Barran Portrait
Baroness Barran
Parliamentary Under-Secretary (Department for Education)
This question was answered on 21st September 2020

The Enterprise Act 2002 allows the government to call in transactions. We will consider if and when it would be appropriate to do so.

We will be scrutinising the deal carefully to understand its impact on the UK.

Reticulating Splines