Approval | KitGuru https://www.kitguru.net KitGuru.net - Tech News | Hardware News | Hardware Reviews | IOS | Mobile | Gaming | Graphics Cards Sun, 24 Sep 2023 11:55:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 https://www.kitguru.net/wp-content/uploads/2021/06/cropped-KITGURU-Light-Background-SQUARE2-32x32.png Approval | KitGuru https://www.kitguru.net 32 32 The CMA provisionally approves Microsoft’s Activision Blizzard acquisition https://www.kitguru.net/gaming/matthew-wilson/the-cma-provisionally-approves-microsofts-activision-blizzard-acquisition/ https://www.kitguru.net/gaming/matthew-wilson/the-cma-provisionally-approves-microsofts-activision-blizzard-acquisition/#respond Sun, 24 Sep 2023 10:30:24 +0000 https://www.kitguru.net/?p=631734 While the UK's Competition & Markets Authority initially chose to block Microsoft's acquisition of Activision Blizzard, things have changed in recent months. Both parties paused appeal proceedings to evaluate a new version of the merger, in which Activision's cloud gaming rights would be sold off to Ubisoft. Now, the CMA appears to be happy with …

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While the UK's Competition & Markets Authority initially chose to block Microsoft's acquisition of Activision Blizzard, things have changed in recent months. Both parties paused appeal proceedings to evaluate a new version of the merger, in which Activision's cloud gaming rights would be sold off to Ubisoft. Now, the CMA appears to be happy with the new proposal and is set to approve the deal. 

On Friday, the CMA announced that it has provisionally approved Microsoft's new Activision Blizzard King merger proposal. However, the CMA also says it has “limited residual concerns” but acknowledges that Microsoft has “offered remedies to ensure that the terms of the sale of Activision's rights to Ubisoft are enforceable by the CMA”. The authority notes that these remedies “should resolve those residual concerns”.

This is not a final decision, so don't expect the deal to close just yet. For now, the CMA is gathering public and private feedback from consumers and Microsoft's rivals, however, it should be noted that the biggest opponent of the deal, Sony, has signed a deal with Microsoft to retain Call of Duty on PlayStation and is no longer fighting against the merger. With that in mind, we don't expect any major opposition to arise.

The CMA will file its final decision in October, likely before the October 18th deadline. At that point, Microsoft will be free to close the deal, despite the fact that the FTC is still attempting to fight the merger over in the US courts. Microsoft already convinced a court to deny the FTC an injunction against the deal.

KitGuru Says: It has been well over 18 months since this merger was announced and we are only just now getting to a point where we can see the light at the end of the tunnel. This situation should be resolved in just a matter of weeks. However, given how complicated this acquisition has been, I wouldn't expect Microsoft to target any more major publishers for quite some time, certainly not Nintendo or Valve, as those purchases would start to raise serious anti-trust concerns. 

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AMD gains approval for $35 billion Xilinx acquisition https://www.kitguru.net/channel/generaltech/joao-silva/amd-gains-approval-for-35-billion-xilinx-acquisition/ https://www.kitguru.net/channel/generaltech/joao-silva/amd-gains-approval-for-35-billion-xilinx-acquisition/#respond Fri, 11 Feb 2022 09:31:41 +0000 https://www.kitguru.net/?p=549995 Back in 2020, AMD announced plans to acquire Xilinx in a deal worth roughly $35 billion. Like any major acquisition, the deal was subject to regulatory approval, which was finally granted this week.

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Back in 2020, AMD announced plans to acquire Xilinx in a deal worth roughly $35 billion. Like any major acquisition, the deal was subject to regulatory approval. A week on from Nvidia's $40 billion Arm acquisition being scrapped, AMD has managed to gain approval for its Xilinx buyout. 

After various companies and regulators raised their concerns regarding Nvidia's acquisition, the chipmaker announced it wouldn't acquire ARM due to regulatory challenges. However, it seems that those same regulators are not concerned with AMD buying Xilinx. In an announcement today, AMD confirmed it has gained “all necessary approvals” to move forward with the acquisition.

According to AMD, the company has been approved by all necessary authorities to acquire Xilinx. Now with that out of the way, the company can swiftly move towards closing the transaction, which it expects to do as early as next week.

With Xilinx, AMD will increase its presence in the professional solutions market, offering an extensive line-up of FPGAs, SOMs, SoCs, ACAPs, accelerators and software for many industries, including aerospace, defence, data centre and automotive, to name a few.

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KitGuru says: Now that the deal between AMD and Xilinx was approved, what type of products do you expect to see? 

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Nvidia remains confident that ARM acquisition will complete in 2022 https://www.kitguru.net/channel/generaltech/matthew-wilson/nvidia-remains-confident-that-arm-acquisition-will-complete-in-2022/ https://www.kitguru.net/channel/generaltech/matthew-wilson/nvidia-remains-confident-that-arm-acquisition-will-complete-in-2022/#respond Mon, 19 Apr 2021 10:14:35 +0000 https://www.kitguru.net/?p=512161 In September last year, Nvidia announced that it reached a deal to acquire ARM for $40 billion. A number of tech companies have raised concerns over this and regulators are investigating the deal, but Nvidia remains confident that approval will be gained and the deal will go through in 2022. 

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In September last year, Nvidia announced that it reached a deal to acquire ARM for $40 billion. A number of tech companies have raised concerns over this and regulators are investigating the deal, but Nvidia remains confident that approval will be gained and the deal will go through in 2022. 

During GTC 2021, Nvidia CEO, Jensen Huang, participated in an interview with Venture Beat. Jensen was asked about the ARM deal, confirming that discussions with regulators are on-going and that the deal is still on track to close in 2022.

“I’m very confident that the regulators will see the wisdom of the transaction. It will provide a surge of innovation. It will create new options for the marketplace. It will allow ARM to be expanded into markets that otherwise are difficult for them to reach themselves.”

One such area where ARM is already benefitting from partnering with Nvidia is Artificial Intelligence, bringing AI and Nvidia's accelerated computing tech to the ARM platform. Ultimately, Jensen believes regulators will “see the wisdom” in the transaction and is “confident” that the deal will close in 2022, which is the time window Nvidia expected to finish the deal at the time of announcement.

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KitGuru Says: We saw the first steps of Nvidia's partnership with ARM at GTC last week, during with Nvidia announced the Grace CPU. There is still plenty of red tape to clear though, so it could be another year before we see the two companies merge. 

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