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Softbank made commitments to secure jobs and keep ARM's headquarters in the UK until September next year. So far, when you read the announcement coming from Nvidia they said they will honour that Softbank has made at the time, said Sonja Laud, chief investment officer at Legal & General Investment Management. But with the expiry about to happen and obviously the Brexit negotiations under way it will be very interesting to see how this develops in the future. This appears to address concerns that British jobs would be lost and decision-making shifted to the US. Last week, the Labour Party had urged the government to intervene. But two of ARM's co-founders have raised other issues about the takeover. Hermann Hauser and Tudor Brown had suggested ARM should remain neutral, rather than be owned by a company like Nvidia, which produces its own processors. The concern is that there would be a conflict of interest since ARM's clients would become dependent on a business with which many also compete for sales. Moreover, the two co-founders also claimed that once ARM was owned by an American firm, Washington could try to block Chinese companies from using its knowhow as part of a wider trade clash between the countries. If ARM becomes a US subsidiary of a US company, it falls under the Cfius [Committee on Foreign Investment in the United States] regulations, Mr Hauser told BBC Radio 4's Today programme. That means that if hundreds of UK companies that incorporate ARM's technology in their products, want to sell it, and export it to anywhere in the world including China - which is a major market - the decision on whether they will be allowed to export it will be made in the White House and not in Downing Street. He

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