Nvidia rumoured to be in ‘advanced talks’ to buy chip designer Arm from SoftBank

3 Aug 2020

Rumours abound that US-based graphics chipmaker Nvidia Corp plans to acquire the UK-based semiconductor design firm Arm Holdings from Japan’s SoftBank Group Corp, which purchased the company for USD32 billion back in 2016. Bloomberg and the Financial Times – citing people familiar with the situation – suggest that a potential deal could yield billionaire Masayoshi Son more than his initial asking price for the company, although they note that an initial public offering (IPO) has also not been ruled out. It is understood that both sides hope to reach a deal in the coming weeks – which, if completed, would be the largest to date for a semiconductor company. Cambridge-based Arm’s technology is used in many modern electronics devices, not least in those that are used in the smartphone market – a sector in which Nvidia has so far struggled to make a mark.

Japan, SoftBank Group Corp