#Nvidia Acquisition

Nvidia Corporation is reportedly in looking to acquire British chip designer ARM Ltd. Graphics chip manufacturer Nvidia has been interested in competing in the Central Processing Market in both the consumer and data centers, and Arm may be their ticket in. Should they continue with the acquisition, they may be competing with both Intel and Advanced Micro Devices, which are both customers of Arm as well. While either company has released no additional details, Rosenblatt Securities analyst Hans Mosesmann estimates that Nvidia may pay around USD 55 billion for Arm. Earlier today, NVidia announced that they will be rolling out a firmware update for their popular Android-based gaming console which brings all the good stuff that Android KitKat has to offer, as well as a new feature called Remote GameStream. Speaking of additional features, the firmware update will also enable the NVidia Shield to support wireless mice/keyboards which will certainly come in handy when the Shield is on Console Mode. Along with the announcement of the upcoming Android KitKat update, which is expected to be seeded on the 2nd of April, NVidia is also giving the Shield a temporary $50 price cut until the end of next month. This means that you can get the NVidia Shield for only USD199.99, a hundred dollars less than its SRP when it first made its debut last year. Read more in our articles including "Nvidia to acquire Arm" and "NVidia to seed Android KitKat update to Shield".