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Arm went public on 14 September 2023 raising $4.87 billion at a $54.5 billion valuation, with SoftBank continuing to own roughly 90% of the company following the offering. [ 80 ] [ 81 ] [ 82 ] Dispute over Arm China leadership
In April 2023, it was known that Masayoshi Son's SoftBank Group would sell its early-stage venture capital arm SoftBank Ventures Asia to Singapore-based The Edgeof, a newly formed investment firm led by Son's youngest brother, Taizo Son, as SoftBank Group grappled with steep losses in a myriad of investments made around the world. [207]
In September 2016, SoftBank announced that the transaction was complete. The total acquisition price was approximately £24 billion ($34 billion). [47] [42] In 2020, SoftBank Group agreed to sell U.K. chip designer Arm Limited to U.S. chip-maker Nvidia in a cash and stock deal initially worth $40 billion. The buy price, initially set at $40bn ...
SoftBank Group Corp has acquired the 25% stake in Arm Ltd it does not directly own from its Vision Fund unit in a deal that values the chip designer at $64 billion, according to people familiar ...
This isn’t the valuation Arm was rumored to be aiming for earlier this year, but it would still be much more than the $32 billion SoftBank paid to take Arm private six years ago.
SoftBank took Arm private in 2016 for $32 billion. Arm's business has fared better than the broader chip industry because it licenses designs rather than paying to make processing systems itself.
Arm was earlier planning to raise between $8 billion to $10 billion from the IPO, but is now expected to raise less capital, after SoftBank bought the 25% stake in Arm it did not directly own from ...
Arm, majority owned by SoftBank, delivered the year's biggest IPO. SoftBank’s Arm, the biggest IPO of the year and the largest since Rivian in 2021, gains nearly 20% in debut. Skip to main content