Re:FTC sues to block Nvidia-Arm merger
by kevin_thibedeau on Thursday December 02, 2021 @06:00PM
(#29424072)
Why does ARM need to be owned by anyone? If they are profitable, then there's no need to participate in M&A except for polishing C level resumes.
[ Parent
| on HN ]
Because Softbank made some really bad investments and needs money. (It made 12 billion loss with a 57 billion revenue last year)
I guess the other option is to list it on some stock exchange.
Re:FTC sues to block Nvidia-Arm merger
by ClumsyPilot on Thursday December 02, 2021 @08:56PM
(#29425727)
Exactly, last i checked the important part of free market was producing products consumers enjoy and generating revenue, not corporate scheming and strong-arming competitors