Aside from that, ARM was one of the only actual tech companies the UK could talk about on the so-called "world stage", that has survived more than 2 decades. But instead, they continue to sell themselves and their businesses to the US instead of vice versa.
In 2011, I thought that they would learn the lessons and warnings highlighted from Eric Schmidt about the UK creating long standing tech companies like FAANMG. [0] I had high hopes for them to learn from this, but after 2016 with Softbank and now this, it is just typical.
ARM will certainly be more expensive after this and will certainly be even more closed-source, since their Mali GPUs drivers were already as closed as Nvidia's GPUs. This is a terrible outcome I have seen but from Nvidia's perspective, it makes sense. From a FOSS perspective, ARM is dead, long live RISC-V.
[0] https://www.theguardian.com/technology/2011/aug/26/eric-schm...