Tag: SoftBank

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

‘UK Prime Minister revives talks on Arm IPO’

‘UK Prime Minister revives talks on Arm IPO’

The move comes after a failed attempt to bring the listing to London last year. British Prime Minister (PM) Rishi Sunak has revived talks with Japan's SoftBank Group regarding a London listing for chip designer Arm, according to a report in the Financial Times. While Arm is based in the UK, ... Read more

date27 days ago
Arm’s IPO delayed until late next year amid deteriorating market

Arm’s IPO delayed until late next year amid deteriorating market

The IPO of UK-based chip manufacturer Arm is expected to be postponed until next year. The decision comes amid growing concerns of deteriorating economic circumstances preventing investors from buying into the company. Following the termination of Nvidia's acquisition of Arm, the organization wa... Read more

date2 months ago
SoftBank invites Samsung to join ‘strategic alliance’ with Arm

SoftBank invites Samsung to join ‘strategic alliance’ with Arm

SoftBank, the parent company of Arm, wants to enter into a "strategic alliance" with Samsung. Market analysts suspect that the organization is trying to involve Samsung in the sale of Arm. Arm develops processor architectures for smartphones. Most smartphones run on the technology. SoftBank acq... Read more

date5 months ago
Softbank to buy back shares after record loss

Softbank to buy back shares after record loss

Softbank posted a record loss of €23 billion. The tech investor wants to buy back a large amount of shares in response. Softbank, like other tech companies, is experiencing the consequences of a stagnant tech market. Softbank saw a slight revenue increase of 0.4 percent in its first fiscal qua... Read more

date6 months ago
SoftBank CEO favours US for Arm IPO

SoftBank CEO favours US for Arm IPO

Masayoshi Son, the founder and CEO of SoftBank, said that the Japanese conglomerate is most likely to list Arm on Nasdaq, a US stock exchange. The CEO emphasized that the decision has not been made yet. SoftBank is the owner of Arm, one of the world's largest chip designers. In an attempt to co... Read more

date8 months ago
‘UK considers using legislation to force Arm IPO in London’

‘UK considers using legislation to force Arm IPO in London’

According to the Financial Times, the UK government is considering using national security legislation to force Arm's IPO in London rather than New York. Arm is a major processor designer owned by SoftBank, a Japanese organization. SoftBank tried to sell Arm to Nvidia, but authorities blocked t... Read more

date8 months ago
The UK targets light-touch regulation to boost the tech sector

The UK targets light-touch regulation to boost the tech sector

The United Kingdom unveiled a digital plan to streamline regulations and promote economic development. For both consumers and enterprises, the digital market offers previously unmatched advantages. Open markets, intense competition, and consumer choice are how western countries hope to achieve a... Read more

date8 months ago
Arm goes public, SoftBank retains majority stake

Arm goes public, SoftBank retains majority stake

The future of Arm is taking shape. SoftBank, the current owner, confirmed that it's going public and retaining a majority stake. Most CPUs are designed by either Intel or Arm. Though Intel remains the largest player by far, no one can ignore Arm. In 2021, market researchers from Mercury Research... Read more

date9 months ago
SoftBank intends to keep its controlling stake in Arm after IPO

SoftBank intends to keep its controlling stake in Arm after IPO

According to sources familiar with the matter, SoftBank Group Corp. plans to hold a majority share in Arm Ltd. following the scheduled initial public offering of the semiconductor company, selling a lower amount than initially intended. After a deal to sell Arm to Nvidia fell through earlier thi... Read more

date10 months ago
SK Hynix CEO: ‘I want to buy Arm’

SK Hynix CEO: ‘I want to buy Arm’

SK Hynix is considering the acquisition of Arm. "We are reviewing the possibility of forming a consortium to jointly acquire it." "I want to buy Arm, entirely or not", said CEO Park Jung-ho during an annual shareholder meeting. "It doesn't have to be a majority of shares to be able to control th... Read more

date10 months ago
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