Bloomberg: "NVIDIA Considering Acquisition of Semiconductor Design Firm ARM"
SoftBank Reviews Sale and IPO of ARM
Acquisition by NVIDIA Could Become Largest Deal in Semiconductor Chip History
[Asia Economy Reporter Naju-seok] Bloomberg reported on the 22nd (local time) that Nvidia, a US graphics chip manufacturer, has shown interest in acquiring the UK-based semiconductor design company ARM.
On the same day, Bloomberg cited sources saying that Nvidia has been exploring the acquisition of ARM over the past few weeks. Earlier foreign media reported that SoftBank is considering various options regarding ARM, including sale, partial sale, or IPO. In this regard, sources said SoftBank is still keeping possibilities open such as IPO in addition to a sale. ARM is 100% owned by SoftBank and SoftBank's Vision Fund.
Recently, SoftBank, facing financial difficulties, announced plans to overcome management challenges through asset sales. SoftBank already holds shares in the US telecom company T-Mobile.
If Nvidia acquires ARM, it is expected to be the largest deal in semiconductor chip history.
Nvidia has developed graphics chips but is also considering expansion into artificial intelligence (AI) and autonomous vehicles.
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Meanwhile, Bloomberg reported that SoftBank, ARM, and Nvidia declined to comment on the acquisition rumors.
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