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SoftBank Reportedly Considering Selling Arm Holdings

axipher

By axipher
in Software News

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axipher

axipher

Folding@Home Staff
726 370
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According to the report from The Wall Street Journal, we have obtained information that SoftBank, owner of Arm Holdings, is considering a future of Arm Holdings without SoftBank's ownership. The report is indicating that SoftBank can either sell its subsidiary or make it go to public with Initial Public Offering (IPO). If we recall, SoftBank has purchased Arm Holdings in 2016 for 32 billion USD, and the company is potentially worth much more today. Arm Holdings was established as a joint between Acorn Computers, Apple Computer (now Apple Inc.), and VLSI Technology. The news of SoftBank selling Arm Holdings is coming just after Apple decided to make a Mac based on Arm ISA.

 

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