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Nvidia calls off its efforts to acquire Arm

Nvidia’s deal to acquire Arm is off, the two companies and Arm owner SoftBank announced Tuesday. With this, there is also a major leadership change at Arm. The company’s current CEO, Simon Segars, is leaving his post, effective today, with Rene Haas, the president of Arm’s IP group (and former Nvidia VP and general manager of its computing products business), taking his role.

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