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Written question asked by Chi Onwurah (Labour) on Tuesday, 20 October 2020, in the House of Commons. It was due for an answer on Friday, 23 October 2020 (named day). It was answered by Caroline Dinenage (Conservative) on Friday, 23 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 discussions his Department has had with Nvida on their purchase of ARM; and what guarantees he has sought on (a) employment levels and (b) employee TUPE conditions.

Answer

ARM is an important part of the UK's technology sector and makes a significant contribution to the UK economy. 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. It would be inappropriate to comment further at this stage. Details of Ministerial meetings are published quarterly on the Gov.uk website.


Secondary information

Type
Written question
Reference
106334
Session
2019-21
Transferred
Yes
Subjects
Employment Sales ARM NVIDIA
Legislation
Transfer of Undertakings (Protection of Employment) Regulations 2006
Link
View this Written question on www.parliament.uk