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SoftBank reportedly considering sale or IPO of chip designer Arm

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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.

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