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SoftBank's Arm IPO six times oversubscribed -sources

Arm Holdings Plc, the chip designer owned by SoftBank Group Corp that is seeking roughly $5 billion in its stock market debut, has seen investor demand that is six times the amount it is asking for, people familiar with the matter said on Friday. While the oversubscription does not guarantee a strong performance for Arm's blockbuster U.S. initial public offering (IPO), it makes it more likely that the company will at least reach its targeted price range of $47 to $51 per share, the sources ...
United States New York Richard Chang Anirban Sen Greg Roumeliotis Vision Fund
Source: aol.com

SoftBank's Arm IPO six times oversubscribed -sources

Arm Holdings Plc, the chip designer owned by SoftBank Group Corp that is seeking roughly $5 billion in its stock market debut, has seen investor demand that is six times the amount it is asking for, people familiar with the matter said on Friday. While the oversubscription does not guarantee a strong performance for Arm's blockbuster U.S. initial public offering (IPO), it makes it more likely that the company will at least reach its targeted price range of $47 to $51 per share, the sources...
United States New York Greg Roumeliotis Richard Chang Anirban Sen Softbank Group Corp
Source: yahoo.com

Arm touts cloud computing expansion, royalties to IPO investors

SoftBank Group Corp's Arm Holdings Plc on Thursday told potential investors in its roughly $5 billion initial public offering that cloud computing expansion and royalty revenue represented major growth areas for the chip designer. In a gathering of more than 100 investors at one of New York's most luxurious hotels, Arm Chief Executive Rene Haas and his management team gave details on the company's prospects beyond the mobile phone market, of which it already commands a 99% share,...
New York United States San Francisco Max Cherney Ryuta Makino Richard Chang
Source: yahoo.com

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SoftBank's Arm starts IPO road show in Baltimore to court T. Rowe Price

NEW YORK (Reuters) -Arm Holdings Ltd, the chip designer owned by SoftBank Group Corp, began its marketing road show for its blockbuster initial public offering on Tuesday in Baltimore, where T. Rowe Price is headquartered, underscoring the fund manager's significance as a potential investor. Arm is also meeting with other potential investors, including Arlington, Virginia-based Sands Capital, in Baltimore on Tuesday, according to people familiar with the matter. The chip designer is expec...
United States New York Nick Zieminski Anirban Sen Softbank Group Corp Samsung Electronics
Source: yahoo.com

Exclusive-Arm signs up big tech firms for IPO at $50 billion-$55 billion valuation -sources

NEW YORK (Reuters) -Customers of Arm Holdings Ltd including Apple Inc, Nvidia Corp, Alphabet Inc and Advanced Micro Devices Inc have agreed to invest in the chip designer's initial public offering, according to people familiar with the matter. Intel Corp, Samsung Electronics Co Ltd, Cadence Design Systems Inc and Synopsys Inc have also agreed to participate as investors in the offering, the sources added.
New York United States Rosalba Obrien Anirban Sen Apple Inc Cadence Design Systems Inc
Source: yahoo.com

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