Question to the Department for Digital, Culture, Media & Sport:
To ask Her Majesty's Government what assessment they have made of (1) the acquisition of Arm by NVIDIA, and (2) whether such an acquisition is in the national interest.
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.