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(Reuters) - The U.S. Federal Trade Commission has opened an in-depth probe into Nvidia (NASDAQ:NVDA) Corp's agreement to acquire Arm Ltd, Bloomberg reported on Friday, citing a source.
The FTC has sent information demands to third parties, according to Bloomberg.
The FTC and Nvidia did not respond to requests for comment outside regular working hours.
Nvidia struck a deal with Japan's SoftBank Group in September to buy UK-based chip designer Arm Holdings for as much as $40 billion.
In addition to the FTC probe, Alphabet (NASDAQ:GOOGL) Inc, Qualcomm (NASDAQ:QCOM) Inc and Microsoft Corp (NASDAQ:MSFT) have complained to U.S. antitrust regulators about the deal, the report added, citing people familiar with the process.
Arm Holdings supplies intellectual property to Apple (NASDAQ:AAPL), Qualcomm and a host of others for chips that power nearly all of the world's smartphones.
Earlier in January, Britain's Competition and Markets Authority said it would start an investigation into Nvidia's deal to buy Arm.
MOSCOW (Reuters) - Russia's Federal Antimonopoly Service (FAS) on Tuesday said it had initiated proceedings against internet giant Yandex (NASDAQ:YNDX) over alleged competition...
By Nadine Schimroszik BERLIN (Reuters) - Germany's lead data protection regulator for Facebook (NASDAQ:FB) said on Tuesday that it was taking action against the social network to...
STOCKHOLM (Reuters) - Swedish prosecutors said on Tuesday an investigation showed that Russia's GRU military intelligence agency had carried out serious data secrecy breaches at...
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