EU approves Nvidia's acquisition of Run:ai

Reuters12-20 18:45

BRUSSELS, Dec 20 (Reuters) - The European Commission said on Friday it has approved unconditionally Nvidia's NVDA.O $700 million bid for Run:ai.

The EU's probe into the deal focused on practices that could strengthen Nvidia's control over GPUs, sought-after chips that divide and process computer tasks, but it concluded that the acquisition of Run:ai would not raise competition concerns.

(Reporting by Charlotte Van Campenhout; Editing by Susan Fenton)

((Charlotte.VanCampenhout@thomsonreuters.com;))

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