This year, NVIDIA canceled the purchase of ARM, which had started in September 2020. Since the transaction was announced, several companies were against the acquisition, since they did not consider it fair that NVIDIA had control of ARMas the purchase could put the company at an unfair advantage in the marketplace. Qualcomm was one of the companies that did not agree with the acquisitionbut is now considering buying shares of ARM, if it is listed on the New York Stock Exchange by SoftBank, the group that controls the company.
SoftBank, the Japanese conglomerate paid around $26 billion for ARM in 2016, and now plans to capitalize on its investment with an initial public offering of the UK-based company that is expected to happen before the end of 2023.
Qualcomm CEO Cristiano Amon said in an interview with the Financial Times that ARM “It is a very important asset and it is an asset that is going to be essential for the development of our industry.” The company made clear Qualcomm’s interest in investing in the company “We are shareholders and we want to invest.”
It also made clear Qualcomm’s interest in teaming up with other chipmakers to buy ARM, which would allow the company to maintain its guarantee of independence without privileging a single manufacturer in the market.
Chips that use the ARM standard are increasingly present in devices of all kindsfrom smartphones to autonomous cars for their performance and energy efficiency, which arouses the interest of the largest manufacturers.
Some companies such as SK Hynix and Intel have already spoken out in favor of being part of a group to acquire ARM, but there has yet to be a concrete move of the companies coming together to attempt an acquisition.
Fuente: FT
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