Arm prepares for IPO, talks with Intel, Apple and other big companies

Arm prepares for IPO, talks with Intel, Apple and other big companies
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Arm is talking, behind the scenes, with at least ten major technology companies in the market as potential anchor investors in the next IPO (initial public offering) of the chip designer, which counts SoftBank among the shareholders. Intel, with whom the company already has partnerships, would be one of the main ones in what should be one of the biggest IPOs of the year. According to Reuters agency, Arm plans to sell its shares on Nasdaq and raise between $8 billion and $10 billion.

Other companies surveyed include Alphabet, Apple, Microsoft, TSMC and Samsung. Negotiations are preliminary and any decision on an anchor investment in Arm’s IPO will not come until August, according to a Reuters insider.

It is worth remembering that Arm, headquartered in the United Kingdom, but with Japanese investment, designs silicon chips and licenses sets of instructions that control how the chips communicate. The company’s intellectual property—including the instruction set architecture (ISA) of reduced instruction set computing (RISC)—is used by companies such as Apple, Qualcomm, Samsung and Huawei in their smartphone platforms, as well as materials for Intel itself, AMD, NVIDIA and Qualcomm.

During the pandemic, Arm was forced to make big cuts when its planned acquisition by NVIDIA fell through after pressure from antitrust bodies in Europe and the United States. NVIDIA had to pay a $1.25 billion loss in the form of a termination fee. Now, the company has approached Intel, with whom it signed a multigenerational agreement to manufacture next-generation mobile platforms at process node 18A.

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