We used to call ARM Holdings the Crown Jewel of Brittech but then they let it get away.*
If Apple and Samsung are joining Intel: Chips: "Arm Courts Intel as Anchor Investor in Upcoming IPO" where does that leave NVIDIA?
....“Our company can realize all of our hopes and dreams without Arm,” Huang explains, calling it a once in a lifetime opportunity that SoftBank wanted to sell Arm Holdings where “it was like my mind exploded, it was so good” and that it took three decades to build Arm into what it is and that “this is a team that won’t get built again” if the deal doesn’t go through....
Some of our posts on Arm:
https://climateerinvest.blogspot.com/search?q=Arm
Including this 2013 post:
"The most overwhelmingly positive annual report you will ever see out of any technology company"
As a general rule we usually follow computer technology from a users point of view and don't do much on the blog outside of the Top 500 list of the fastest supercomputers in the world. This story is a bit different.
Enough history, here's Reuters via Yahoo Finance, August 8:
(Adds Samsung did not have an immediate comment, while Apple, Nvidia and Intel did not immediately respond in paragraph 6.)
TOKYO, Aug 8 (Reuters) - Apple and Samsung Electronics will invest in SoftBank Group -owned chip designer Arm at its initial public offering (IPO), expected in September, Japan's Nikkei newspaper reported on Tuesday.
Reuters reported in June that Arm was in talks with some ten companies - including Apple, Samsung and Intel - with the aim of bringing on one or more anchor investors in the offering.
Last month, Reuters and other media reported that Arm was in talks to bring in U.S. chip designer Nvidia as an anchor investor for the New York listing.
Apple, Samsung, Nvidia and Intel all plan to invest in Arm as soon as it is listed on the market, the Nikkei said. The SoftBank-owned firm will officially apply to the U.S. Securities and Exchange Commission for the listing later this month, the newspaper said.
Arm plans to sell the chipmakers stakes of "a few percent each", the newspaper said.
SoftBank declined to comment. Apple, Nvidia and Intel did not immediately respond to a Reuters' request for comment. Samsung did not have an immediate comment....
....MUCH MORE
From July 2020's "SoftBank Explores a Sale or IPO of Chip Company Arm":
As noted over and over again, Queen Elizabeth should have put her foot down* when the parvenu Mr. Son made his bid. See last October's:
"Q&A with Steve Roddy, vice president of the machine learning group at Arm, on culling neural nets for embedded devices, competing with Nvidia and Intel, more"
Here's hoping that Softbank and Mr. Son are compelled by recent misadventures to re-float ARM....
May 2019
"SoftBank mulls IPO of $100 billion Vision Fund"
Or something.
Oh well, the RCEWA did keep T.L Lawrence's dagger in British Hands.
