London snubbed as tech giant Arm eyes US float
In a blow to the City, Arm's owner, Masayoshi Son (pictured), said he plans to float the Cambridge firm on the technology-heavy Nasdaq exchange.
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In a blow to the City, Arm's owner, Masayoshi Son (pictured), said he plans to float the Cambridge firm on the technology-heavy Nasdaq exchange.
Downing Street was totally mesmerised by Softbank chief Masayoshi Son when he was encouraged to buy Cambridge-based Arm Holdings in 2016.
Nvidia’s plans to acquire Arm has been dropped due to regulatory hindrances and now Arm may go on the IPO route.
Downing Street was totally mesmerised by Softbank chief Masayoshi Son when he was encouraged to buy Cambridge-based Arm Holdings in 2016.
TOKYO — 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. SoftBank Group Corp. said Tuesday it plans an initial public offering of Arm after the intended sale to Nvidia failed because of regulatory problems. It said the public offering would come sometime in the fiscal year ending in March 2023.