Share Cambridge, UK, September 13, 2023– Arm Holdings plc (“Arm”) today announced the pricing of its initial public offering (the “IPO”) of 95,500,000 American depositary shares (“ADSs”), each representing one of its ordinary shares, at a price to the public of $51.00 per ADS....
Japan’s SoftBank has agreed to acquire Arm Holdings, the UK’s preeminent technology company, for￡23.4bn in an enormous bet by the Japanese telecoms group that the smartphone chip designer will make it a leader in one of the next big tech markets, the internet of things. 日本电信集团软银...
The things to worry about are that, first, ARM was the UK's only major success in the global IT business, and second, that its creation may well have been a historical accident. If British entrepreneurs, venture capitalists, and universities had created a string of ARM-like compani...
This is one reason why the UK government was hopeful that the IPO might be a dual-listing, with Arm shares going up for sale on the London stock exchange as well as New York. Thosehopes were dashedearlier this year, when the company confirmed it would list only in the US, blamed by ...
Although no official word on NVIDIA's rumored failed acquisition of Arm has been announced, UK politicians are now pushing for SoftBank to float Arm Holdings on the UK stock market. This has at least to some degree to do with the fact that the UK wants to keep Arm in the UK, ...
to avoid the ‘tech-wreck’, this has also long been a criticism of the UK blue chip index which has struggled to attract key behemoths in the sector. There have also been some high profile disasters in UK tech with Deliveroo’s (ROO.L)IPO flop and THG’s (T...
The UK chip designer reported second-quarter earnings of 30 cents per share, adjusted for stock-based compensation, among other things. Analysts expected earnings of 26 cents a share. Sponsored Bank Accounts The v9 technology represented 25% of Arm's revenue for the fiscal second quar...
The UK government has issued a public interest intervention notice instructing investigators to look into Nvidia's proposed $40 billion acquisition of ARM from SoftBank. Nvidia's share price dropped a few percent on the news of the intervention, which has been invoked to give the UK Competition...
Japan’sSoftBankhas agreed to buy the UK’sArm Holdingsfor £24.3bn in a big bet that the British smartphone chip designer can help it become a leader in one of the next big technology markets, the “internet of things”. The Japanese telecoms group’s takeover of Cambridge-basedArm, ...
Processor intellectual property licensor Arm Ltd. (Cambridge, England) has said it expects to sell 95.5 million shares in the company at a target price of between US$47 and US$51 per share.It did this via an updated IPO filing with the Securities Exchange Commission....