NVIDIA Once Again Demonstrates Its Investing Chops With Arm Deal
NVIDIA's (NASDAQ: NVDA) proposal to acquire Arm for $40 billion in a combination of stock and cash puts an exclamation point on NVIDIA's recent history of savvy capital allocation.
Arm brings several benefits to NVIDIA's accelerated computing platform. It's one of two value-enhancing deals NVIDIA made this year, the other being Mellanox, that cements NVIDIA's competitive position in the data center market. The best part about the Arm deal is that NVIDIA pounced at an opportunistic time, using its highly-valued stock as currency to acquire one of the most dominant technology companies in the world.
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Source Fool.com
