SoftBank preps Arm IPO, seeking a $60B valuation
SoftBank preps Arm IPO, seeking a $60B valuation - SiliconANGLE
Source: siliconangle.com
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SoftBank preps Arm IPO, seeking a $60B valuation - SiliconANGLE
The IPO preparations come after SoftBank's deal to sell Arm to Nvidia Corp for $40 billion collapsed last month.
In the end, Arm Ltd. may generate more cash by going public than it would have if the attempted NVIDIA acquisition had gone through. A report from the [...]
Softbank, the owner of the Cambridge-based firm, is lining up investment banking giant Goldman Sachs to lead the listing.
Some think the reduction is one of many ways ARM is preparing for IPO. ...