Send
Print
AAAndrey A
Late in August, British microprocessor maker Arm, which is owned by Softbank of Japan, said that it had applied for a US initial public offering (IPO). According to the petition, Softbank planned to sell around 10% of Arm's shares.
At the same time, the company anticipated a valuation of $60–70 billion, or about in the same ballpark as the price at which Softbank acquired the semiconductor manufacturer in 2016. When Arm was valued at $64 billion at the time, the Japanese business paid $32 billion for a controlling stake in the company.
Nearly all smartphones use the British company's microprocessors, and Arm holds a market share of over 99%. Because of this, all of the main producers of electronics and processors, including Apple, Nvidia, Alphabet, AMD, Intel, and Samsung Electronics, are already signed on as investors.
source: reuters.com
At the same time, the company anticipated a valuation of $60–70 billion, or about in the same ballpark as the price at which Softbank acquired the semiconductor manufacturer in 2016. When Arm was valued at $64 billion at the time, the Japanese business paid $32 billion for a controlling stake in the company.
Nearly all smartphones use the British company's microprocessors, and Arm holds a market share of over 99%. Because of this, all of the main producers of electronics and processors, including Apple, Nvidia, Alphabet, AMD, Intel, and Samsung Electronics, are already signed on as investors.
source: reuters.com
