Mickey: US chipmaker Nvidia closing in on deal to buy Arm by the end of the summer

THE race to buy up British tech giant ARM is hotting up with US chipmaket Nvidia entering exclusive talks, it emerged today.

Sources said a takeover, which could value the company which supplies technology to Apple at up to £40 billion, is on course to be complete by the end of the summer.

Cambridge-headquartered chip designer Arm was first put up for sale by its private equity Japanese owner Softbank back in April when Goldman Sachs was hired to sound out buyers.


Softbank was...

US chipmaker Nvidia closing in on deal to buy Arm by the end of the summer

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