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
Arm gets mega investment of $100 million from chip manufacturer TSMC
Arm is getting a mega investment of 93.1 million euros ($100 million) from chip manufacturer TSMC. The investment comes as the chip technology specialist goes public.
With a $100 million investment in Arm shares, TSMC also appears to want to claim a share of control in the industry-wide chip tec... Read more
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
‘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
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
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
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
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
‘Nvidia to invest heavily in Arm despite failed acquisition’
Nvidia is said to be negotiating with Arm to acquire a large stake in the company following an IPO. This reports Financial Times based on sources.
According to the British business newspaper, Arm wants Nvidia to become the main shareholder in the chip technology company after a possible IPO. Thi... Read more
Yahoo! will flourish or bury itself forever with plans for an IPO
Yahoo! announced plans to go public again. The search engine disappeared from the radar after it lost all its users due to the rise of Google. Out of the blue, the CEO is now coming out with positive news about a possible return.
According to Jim Lanzone, CEO of Yahoo!, his organization is "very... Read more