NVIDIA (Nasdaq: NVDA) announced in September that it agreed to acquire U.K.-based semiconductor company Arm for approximately $40 billion and the chief executives of both companies explained how the transaction will help open up new opportunities and increase competition.
“With this combination, we’ll be able to look at more markets at the same time and go deeper and further up the stack, creating a richer portfolio of IP that companies can then innovate on top of to create even more competitive products — so I think this is great for competition,” Arm CEO Simon Segars said during an online discussion at a virtual summit held Thursday.
NVIDIA CEO Jensen Huang discussed how the deal could help the company further expand its artificial intelligence computing capabilities and benefit customers.
“One of the things people love about this combination is that NVIDIA’s AI technology can be brought out to the far edges of the market where Arm has such a great presence. That’s where the IoT and edge AI is going to happen, but the fundamental technology of AI isn’t out there yet,” said Huang.
“The benefits to customers will be more and better IP, more accelerated roadmaps and hopefully taking Arm from the cloud to the edge to IoT and HPC — everything. The breadth of computing today is gigantic,” he added.
Segars said the demand for computing is high driven by the increase in digitization, vehicle electrification and deployment of 5G cellular networks. He discussed how that transformation in computing reshapes the market and brings new opportunities for the pending NVIDIA-Arm combination.
“There’s no way we can do it all on our own, but through the combination with NVIDIA we will have a lot more resources to create a richer portfolio of IP that fuels the delivery of all these applications yet to come,” Segars said.
If you’re interested in 5G technology and 5G integration’s impact on public and private sectors, then check out Potomac Officers Club’s Fall 2021 5G Summit coming up on Sept. 16. To register for this virtual forum and view other upcoming events, visit the POC Events page.