ARM co-founder starts 'Save Arm' campaign to keep independence amid $40B Nvidia deal

ARM Holdings, the UK semiconductor company, made history for the second time today, becoming the country's biggest tech exit when Nvidia announced over the weekend that it would buy it from SoftBank for $40 billion in an all-stock deal. One of ARM's co-founders has started a campaign to get the UK to interfere in the deal, or else call it off and opt for a public listing backed by the government. Hermann Hauser, who started the company in 1990 along with a host of others as a spin-out of Acorn Computers, has penned an open letter to the UK's Prime Minister Boris Johnson in which he says that he is "extremely concerned" about the deal and how it will impact jobs in the country, ARM's business model, and the future of the country's economic sovereignty independent of the US and US interests.

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