Now That Tech Is Amid AI Frenzy, SoftBank Mulls Purchase of Remaining Stake in Chip Designer Arm
Portfolio Pulse from Anusuya Lahiri
SoftBank Group Corp is considering acquiring the remaining 25% stake in British chip designer Arm Ltd from its investment fund, Vision Fund 1. This could help alleviate past losses for VF1 investors from investments like WeWork Inc and DiDi Global Inc. SoftBank plans to list Arm on Nasdaq in September with a valuation of $60 billion - $70 billion. The company also explored partnerships with tech companies like Amazon.Com, Inc as cornerstone investors in Arm's IPO.
August 14, 2023 | 12:39 pm
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POSITIVE IMPACT
SoftBank's potential acquisition of the remaining stake in Arm Ltd could boost its ownership and control over the company.
The acquisition would increase SoftBank's stake in Arm Ltd, potentially boosting its control over the company and its future direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Amazon was mentioned as a potential cornerstone investor in Arm's IPO.
While Amazon was mentioned as a potential investor, no concrete plans or agreements were reported.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
DiDi Global's past losses could be offset by SoftBank's potential acquisition of Arm Ltd.
The acquisition could help offset past losses for VF1 investors, including those from DiDi Global.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
WeWork's past losses could be offset by SoftBank's potential acquisition of Arm Ltd.
The acquisition could help offset past losses for VF1 investors, including those from WeWork.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50