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Written question asked by Sarah Olney (Liberal Democrat) on Thursday, 8 October 2020, in the House of Commons. It was due for an answer on Tuesday, 13 October 2020 (named day). It was answered by Caroline Dinenage (Conservative) on Tuesday, 13 October 2020 on behalf of the Department for Digital, Culture, Media and Sport.


ARM: NVIDIA

Question

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.

Answer

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.


Secondary information

Type
Written question
Reference
101046
Session
2019-21
Grouped for answer
Yes
Transferred
Yes
Subjects
Location Sales ARM NVIDIA
Link
View this Written question on www.parliament.uk