Tuesday, September 15, 2020

Co-founder of ARM urges UK to block sale to NVIDIA

 Hermann Hauser, co-founder of Arm, published an open letter to the Prime Minister of the United Kingdom urging that the sale of Arm to Nvidia be blocked.

Hauser presents three arguments:

  • the impact on jobs in Cambridge, Manchester, Belfast, Glasgow, Sheffield and Warwick once the company's headquarters are moved out of the UK;
  • the inevitable destruction of Arm's open licensing business model 
  • national economic sovereignty.

As an alternative to the sale, Hauser urges a public listing on the London Stock Exchange, with the UK government investing £1-2bn and getting a Golden Share to ensure the public interest.

https://savearm.co.uk/