According to fresh SEC filings from Arm, the chip IP designer has secured a slew of industry investors ahead of the company's impending IPO. Aiming for a strong start to what Reuters reports is projected to be a $52 billion IPO valuation, Arm has been seeking out major industry customers as cornerstone investors, successfully lining up nearly a dozen companies from their efforts. Altogether, AMD, Apple, Cadence, Google, Intel, MediaTek, NVIDIA, Samsung, Synopsys, and TSMC have signaled an interest to purchase up to an aggregate of $735 million of Arm's American Depositary Shares (ADS), SoftBank, the owner of Arm, disclosed in a filing with the Securities and Exchange Commission. While the exact number of shares to be purchased has not been disclosed – and may...
The ongoing saga of ownership of Arm appears to be finally nearing its end, as Arm has announced this afternoon that the company has made its long-awaited filing for...16 by Ryan Smith on 8/21/2023
NVIDIA’s year-and-a-half long effort to acquire Arm has come to an end this morning, as NVIDIA and Arm owner SoftBank have announced that the two companies are officially calling...108 by Ryan Smith on 2/8/2022
Apple and Intel this week filed a new lawsuit against Fortress Investment Group, a patent assertion entity controlled by SoftBank, in response to patent infringement lawsuits brought by the...20 by Anton Shilov on 11/22/2019