SoftBank considering sale or IPO for Arm Holdings: WSJ - Business Insider

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SoftBank is reportedly considering selling the trailblazing chip design company Arm Holdings — or taking it public

ARM Holdings chief executive officer Simon Segars delivers a keynote speech at the Mobile World Congress in Barcelona on February 27, 2019.SoftBank is considering selling chip design company Arm Holdings or taking it public, the Wall Street Journal reported Monday citing unnamed sources.

Arm Holdings, which Softbank acquired four years ago for $32 billion, became a dominant player in the chip market with a power-efficient architecture embraced by many mobile device manufacturers. The British company recently scored a big win after Apple announced that it will transition away from Intel chips for its Mac computers and will instead use Arm-based architecture.SoftBank Group is looking to sell Arm Holdings or taking the trailblazing British chip design company public, a report said Monday.

SoftBank is considering different options for the semiconductor design firm which it acquired four years ago for $32 billion, the

 

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