Redmond's purchase option automatically kicks in if a third-party offers $3.4 billion or more for tablet chipmaker's shares.
From InformationWeek:
From InformationWeek:
Microsoft and Nvidia have an agreement in place that spells out terms relating to a possible acquisition of the graphics and mobile processor manufacturer, regulatory documents indicate.Microsoft Has Acquisition Deal With Nvidia
The deal gives Microsoft the exclusive right to match any offer for 30% or more of Nvidia's outstanding shares by a third-party, according to an SEC filing reviewed by InformationWeek.