Nvidia just purchased ARM for $40 billion

No immediate changes to Arm's open-licensing business are planned

• Update
  Purchase confirmed

Arm Holdings is the company behind ARM processors, which power nearly every smartphone and tablet on Earth. SoftBank purchased Arm in 2016, and has been shopping around for potential buyers over the past few months. After days of speculation, it's now official that Nvidia is closing a deal to acquire ARM.

News first broke in July that graphics giant Nvidia was interested in Arm. Now it's official that the graphics specialist has purchased Arm for $40 billion, with Softbank keeping a ~10% stake in the new entity.

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Nvidia just purchased ARM for $40 billion was written by the awesome team at Android Police.