Arm EVP and Chief Commercial Officer Will Abbey told me this morning, minutes before the chip designer’s stock started trading on Nasdaq, that “AI, I believe, is the growth of Arm.” You may not think of AI when you hear about Arm, but Abbey immediately thought of it when I …
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Latest Arm IPO filing targets $52b valuation
Arm’s SEC IPO filing was updated this morning to propose a $47 to $51 share price. The British chip maker could be worth over $52 billion. As major hardware manufacturers have adopted its architecture, the company has had a good few years. Arm’s clients include Apple, Google, Samsung, NVIDIA, and …
Read More »SoftBank to Acquire ARM Holdings for $31.4 billion
SoftBank has offered to buy ARM Holdings, a British chip designer, for a staggering £23.4 billion, or $31.4 billion. That is the highest price for which a European tech company was ever sold. This price is especially surprising given the fact that the deal went down after the UK exited …
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