Qualcomm, the company behind dragon picture Chipsets, the company behind every chipset powering devices around you, wants to buy ARM. a problem, but Qualcomm There seems to be a solution. remember how NVIDIAPlans to acquire ARM came to a halt when regulators refused the deal, saying it would create a monopoly, and even Qualcomm was not happy with the acquisition by Nvidia. Well, now Qualcomm wants a share of ARM, but it may not be able to do so alone, so it plans a consortium to buy ARM. softbank,
SoftBank plans to sell ARM through an IPO following its unsuccessful acquisition by Nvidia. But the boss of Qualcomm cristiano amon Reportedly not very happy with the IPO as it feels that offering ARM in the IPO would be as bad as taking over Nvidia. And that’s why Amon wants to buy ARM along with a bunch of other silicon makers to keep it independent. According to Bloomberg, SoftBank expects a valuation of $60 million for ARM in its IPO. In addition, SoftBank is planning to list ARM on the New York Stock Exchange, which may not go down very well with the UK government.
“We are a party interested in investing,” Amon told the Financial Times. He adds, “It is a very important asset, and it is an asset that is essential to the growth of our industry.”
Qualcomm believes that if everyone is part of the deal, the ground will be level, and ARM will remain independent. “You would need multiple companies to participate, so they have the net effect that ARM is free,” Amon said.
This is not the first time that one has wanted to acquire ARM. Before Nvidia, samsung ARM was reportedly planning to catch up, but neither Nvidia nor Samsung succeeded. Now, Samsung is expected to join this consortium, and even Pat GelsingerCEO of Intelexpressed the company’s interest in being part of such a consortium.