Tag: IPO

Here you will find all the articles with the tag: IPO.

Arm sets record at IPO, stock market value gains nearly 25 percent

Arm sets record at IPO, stock market value gains nearly 25 percent

Arm's September 14 IPO became the biggest in recent years, according to figures after the first few days of trading. The stock rose from $51 each to over $60 in one day. As expected, Arm's IPO has been a great success. On its first day of trading, last Thursday, September 14, the stock opened on... Read more

date8 months ago
Databricks raises half a billion dollars in recent investment round

Databricks raises half a billion dollars in recent investment round

Databricks has managed to raise more than 469 million euros ($500 million) in a recent Series I investment round. This brings the value of the data lakehouse and AI specialist to the previously desired amount of $43 billion. Databricks had wanted to bring the company's market value to $43 billio... Read more

date8 months ago
Jim Goodnight considers later SAS IPO: ‘It will be in 2025’

Jim Goodnight considers later SAS IPO: ‘It will be in 2025’

During SAS Explore, we had an interview with Jim Goodnight, the co-founder and CEO of SAS. We asked him for an update on the initial public offering (IPO). SAS' original plan to go public in 2024 no longer seems within reach. "It will be 2025," Goodnight said. When asked why 2024 is the right ti... Read more

date9 months ago
Softbank aiming for the moon with Arm IPO in tumultuous market

Softbank aiming for the moon with Arm IPO in tumultuous market

Japan's Softbank acquired Arm in 2016 for $32 billion (€28.9 billion at the time). After being forced to call off a sale to Nvidia, it now opts to list the British chip designer on the Nasdaq. With the IPO set to take place Wednesday, it seems Softbank's adjusted expectations are also still too h... Read more

date9 months ago
‘Arm shares to start at $47 to $51, most valuable IPO in years’

‘Arm shares to start at $47 to $51, most valuable IPO in years’

Owner Softbank wants to go 43 euros to 47 euros ($47 to $51) per share at Arm's IPO. It should earn Arm the accolade of being the most valuable debut listing since Rivian Automotive in 2021. The price of $47 to $51 was not previously communicated, but will be the target according to Reuters sour... Read more

date9 months ago
It’s official: Arm has applied for Nasdaq IPO

It’s official: Arm has applied for Nasdaq IPO

Arm has finally officially announced that it is seeking a listing on the Nasdaq stock exchange in New York. It should be the largest IPO in the US this year, experts estimate. The desire to list on the Nas daq brings a provisional end to the soap opera surrounding the chip designer in recent yea... Read more

date9 months ago
Softbank buys up Arm shares to boost stock market value

Softbank buys up Arm shares to boost stock market value

Softbank has acquired the stake in subsidiary Arm from its own start-up investment fund Vision Fund. The deal should bring Arm's market capitalization to the desired $64 billion. Softbank has struck a deal to acquire all Arm shares from its investment vehicle Vision Fund, reports Reuters. Parent... Read more

date9 months ago
Databricks seeks investment capital to integrate more AI features

Databricks seeks investment capital to integrate more AI features

Databricks is seeking new investment capital to further expand the AI capabilities for its data platform. This is what The Information writes based on insiders. An IPO is ruled out for now, the data specialist itself indicates. Databricks wants to invest even more in expanding the AI functionali... Read more

date9 months ago
Arm wants IPO of at least 60 billion in September

Arm wants IPO of at least 60 billion in September

Japan's SoftBank wants Arm to go public in September. The company is hunting for a valuation of $60 billion to $70 billion (roughly 54-64 billion euros). This is according to Bloomberg News, which reported earlier this year that the valuation would be between 30 and 70 billion. However, the AI h... Read more

date10 months ago
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