"We contemplated an IPO but determined that the pressure to deliver short-term revenue growth and profitability would suffocate our ability to invest, expand, move fast and innovate," Arm CEO Simon Segars wrote in a"Combining with Nvidia will give us the scale, resources and agility needed to maximize the opportunities ahead," Segars wrote.and other media outlets that Qualcomm was open to investing in an initial public offering by Arm if the Nvidia deal falls apart.
Nvidia last year announced its plan to acquire Cambridge, England-based Arm, long a neutral supplier of chip design technology, from the Japanese conglomerate, which does not own any other chip companies.have argued that allowing Arm to be owned by one chip company could cause it to focus on technologies that benefit its owner rather than the broader industry.SoftBank bought Arm for $32 billion in 2016, betting on a surge in what are called internet-of-things chips.
Might be better for him, not better for consumers.
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