Japanese conglomerate SoftBank is exploring the possibility of a full or partial sale or IPO of chip designerArm Holdings, the Wall Street Journal reported Monday.…
Japanese conglomerate SoftBank is exploring the possibility of a full or partial sale or IPO of chip designerArm Holdings, the Wall Street Journal reported Monday. SoftBank purchased the UK-based Arm four years ago for nearly $32 billion.
ARM isn’t as well-known as mega chip companies such as Qualcomm and Intel, but its work lies behind the processors inside many of the world’s mobile phones.
