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This Article is From Aug 02, 2020

SoftBank Plans to Keep a Stake in Arm After Partial Sale: Nikkei

SoftBank Plans to Keep a Stake in Arm After Partial Sale: Nikkei

SoftBank plans to keep a stake in the chip designer Arm, even if it sells a partial interest to Nvidia, Nikkei reported.

  • The companies are currently negotiating terms, Nikkei reported citing sources
    • SoftBank may take a stake in Nvidia after it buys Arm
    • Nvidia and Arm may also merge through a share swap, and SoftBank would become a major shareholder in the combined company
  • NOTE: July 31, Nvidia Said in Advanced Talks for SoftBank Chip Company Arm
  • ©2020 Bloomberg L.P.

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