Page 10 - Simon Segars News Today

TOKYO (AP) -- SoftBank's planned sale of the British semiconductor and software design company Arm to U.S. chip maker Nvidia has fallen through, but the

WBAL Radio 1090 AM - Japan's SoftBank drops sale of Arm, plans IPO

TOKYO (AP) — SoftBank's planned sale of the British semiconductor and software design company Arm to U.S. chip maker Nvidia has fallen through, but the Japanese technology investor immediately turned bullish on taking it public.

Arm parent SoftBank will instead float chip makers shares by April 2023, Arm gets new CEO

Japanese technology investor SoftBank says its planned sale of the British semiconductor and software design company Arm to U.S. chip maker Nvidia has fallen through

Nvidia has officially pulled out of its deal with SoftBank to acquire UK semiconductor giant Arm, and will now seek a public offering.

Japanese technology investor SoftBank says its planned sale of the British semiconductor and software design company Arm to U.S. chip maker Nvidia has fallen

Arm parent SoftBank will instead float chip makers shares by April 2023, Arm gets new CEO

Yet another report has surfaced claiming that Nvidia's $40 billion acquisition of Arm has failed, and only an official announcement confirming the same is pending. It might happen later today.

With the deal dead, SoftBank is now falling back on an earlier plan: an IPO.