SoftBank kills sale of Arm Ltd. to Nvidia over regulatory hurdles; will IPO instead
SoftBank kills sale of Arm Ltd. to Nvidia over regulatory hurdles; will IPO instead
SoftBank has killed its attempt to sell Arm Ltd. to U.S. chipmaker Nvidia valued at up to $80 billion over regulatory hurdles and will instead seek to take Arm public in a high profile IPO. Jane Lanhee Lee and Josh Horwitz for Reuters: Britain’s Arm, which named a new CEO on Tuesday, said it would go public before March 2023 and SoftBank CEO Masayoshi Son indicated that would be in the United…
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