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It's official. Nvidia's (NVDA) planned acquisition of Arm (ARMHF) from SoftBank (SFTBY) has been terminated due to "significant regulatory challenges." Nvidia had been seeking a...
CAMBRIDGE, United Kingdom, Feb. 8, 2022 -- Arm announced today that its board of directors has appointed 35-year semiconductor industry leader Rene Haas
Its parent now plans to take the semiconductor and software design company public.
(Bloomberg) -- SoftBank Group Corp. founder Masayoshi Son said he plans an initial public offering in the U.S. for Arm Ltd. after Nvidia Corp. bowed to regulatory opposition and gave up on its proposed acquisition of the British chip designer.
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 due to regulatory…