{"id":404117,"date":"2022-02-08T10:02:00","date_gmt":"2022-02-08T07:02:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/softbank-plans-ipo-for-arm-after-nvidia-calls-off-40-billion-acquisition\/"},"modified":"2022-02-08T10:02:00","modified_gmt":"2022-02-08T07:02:00","slug":"softbank-plans-ipo-for-arm-after-nvidia-calls-off-40-billion-acquisition","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/softbank-plans-ipo-for-arm-after-nvidia-calls-off-40-billion-acquisition\/","title":{"rendered":"#: Softbank plans IPO for ARM after Nvidia calls off $40 billion acquisition"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3df385acbfe\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3df385acbfe\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/softbank-plans-ipo-for-arm-after-nvidia-calls-off-40-billion-acquisition\/#Marriage_of_graphics-chip_specialist_and_semiconductor_designer_called_off_after_opposition_by_US_and_Europe_regulators\" >Marriage of graphics-chip specialist and semiconductor designer called off after opposition by U.S. and Europe regulators<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/softbank-plans-ipo-for-arm-after-nvidia-calls-off-40-billion-acquisition\/#Jeremy_C_Owens\" >Jeremy C. Owens<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#: Softbank plans IPO for ARM after Nvidia calls off $40 billion acquisition<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"Marriage_of_graphics-chip_specialist_and_semiconductor_designer_called_off_after_opposition_by_US_and_Europe_regulators\"><\/span>\n  Marriage of graphics-chip specialist and semiconductor designer called off after opposition by U.S. and Europe regulators<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div class=\"article__side\">\n<div class=\"container--sticky not-active\">\n<div id=\"cx-next\" data-nosnippet>\n              <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000594647\" role=\"document\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div data-layout=\"\n                inline\" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetArticleReader\n              \n              inline\n  article__inset\n          article__inset--type-InsetArticleReader\n              article__inset--inline\n  \"><\/p>\n<div class=\"media-object-article-reader\">\n<div class=\"audioplayer\" data-sbid=\"WP-MKTW-0000594647\" role=\"region\" aria-label=\"Listen to Article\" tabindex=\"-1\" id=\"articlereader\" data-show-title=\"false\" data-theme=\"wsj-article-reader\" data-show-header=\"false\" data-show-subscribe=\"false\" data-ads-enabled=\"true\" data-save-publication=\"false\">\n        <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       Nvidia Corp. is giving up on its attempt to acquire Arm Ltd. from Softbank Group Corp., which said Tuesday that it will instead take the spurned chip designer public.<\/p>\n<p> Nvidia<br \/>\n        NVDA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/200467500\/composite\" class=\"positive\">+1.68%<\/bg-quote><br \/>\n       agreed to acquire Arm for $40 billion in cash and stock in 2020, in what would have been the biggest semiconductor merger in history. The deal faced im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>te opposition from other chip companies and regulators in the U.K., where Arm is located, and U.S. regulators had also stepped in the way.   <\/p>\n<div class=\"paywall\">\n       In a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/group.softbank\/system\/files\/news\/press\/2022\/20220208\/20220208_0_en.pdf\" class=\"icon none\">statement<\/a>. Softbank<br \/>\n        9984,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/207303954\/delayed\" class=\"negative\">-0.90%<\/bg-quote><br \/>\n       said the two sides agreed to terminate the deal owing to those \u201cregulatory challenges.\u201d An initial public offering of Arm will take place within the fiscal year ending March 31, 2023, Softbank said in a statement. The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/59c0d5f9-ed6a-4de6-a997-f25faed58833?shareType=nongift\" class=\"icon none\">Financial Times had reported Monday <\/a>that the deal would be called off. <\/p>\n<p>The deal\u2019s collapse leaves Softbank with a $1.25 billion break-up fee that it said would be recognized as profit in the fourth quarter of the fiscal year ending March 31, 2022. Softbank also reported a sharp fall in fiscal third-quarter profit, notably from its Vision Funds unit.<\/p>\n<p>Arm licenses its semiconductor designs to companies, where they are mostly used in low-power-consuming devices such as smartphones, tablets and wearables. Arm licensees are also among Nvidia\u2019s competitors in the semiconductor sector, including Intel Corp.<br \/>\n        INTC,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203649727\/composite\" class=\"positive\">+0.35%<\/bg-quote><span>,<\/span><br \/>\n       Advanced Micro Devices Inc.<br \/>\n        AMD,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/208144392\/composite\" class=\"positive\">+0.06%<\/bg-quote><br \/>\n       and Qualcomm Inc.<br \/>\n        QCOM,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/206679220\/composite\" class=\"negative\">-2.44%<\/bg-quote><span>.<\/span><br \/>\n       Nvidia promised that Arm would continue working with other chip companies, but the competitive aspect seemed to set off alarm bells for regulators worldwide. <\/p>\n<p>\u201cAssuming the report proves true (and it seems credible), the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> should be the complete opposite of a shock,\u201d Bernstein analyst Stacy Rasgon wrote in a note to clients Monday evening. \u201cThe deal has been the subject of nothing but complaints from almost the instant it was announced, with numerous regulators voicing opposition (the U.K. launching a national security investigation, the U.S. FTC aggressively suing to block it, and nothing but loud silence from China) as well as howls from many other Arm licensees.\u201d<\/p>\n<p>Nvidia\u2019s stock was largely stable in the extended session after the report hit, gaining 0.5%. Shares took a hit late last year, after the U.S. Federal Trade Commission sued to stop the deal, and have slipped farther early in 2022 along with other heated tech stocks. Nvidia is still worth more than $600 billion, though, and Rasgon doesn\u2019t see the dissolution of the Arm deal potentially causing a huge rerating by Wall Street.<\/p>\n<p><strong>See also: Nvidia passes Facebook in market cap after woeful week for Meta<\/strong><\/p>\n<p>\u201cWhile owning Arm could have been wonderful, we don\u2019t believe they had<br \/>to have it either,\u201d Rasgon wrote. \u201cIn our opinion, the impetus for the deal was to help create and drive a broader ecosystem for Arm, particularly in the data center; Nvidia presumably can and will continue their standalone efforts here, though it is possible such efforts could have been accelerated through owning the asset.\u201d<\/p>\n<p>The Financial Times also reported that Softbank would make a change at the top of Arm, replacing CEO Simon Segars with Rene Haas, and seek an initial public offering for Arm this year.<\/p>\n<p>\u2014 <em>Barbara Kollmeyer contributed to this report<\/em><\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>    <span>By<\/span><\/p>\n<div class=\"author mobile-scrim hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Jeremy C. Owens\",\"subhead\":\"The Wall Street Journal\",\"list\":[{\"type\":\"link\",\"icon\":\"bio\",\"url\":\"https:\/\/www.marketwatch.com\/author\/jeremy-c-owens\",\"text\":\"Biography\"},{\"type\":\"link\",\"icon\":\"twitter\",\"url\":\"https:\/\/twitter.com\/jowens510\",\"text\":\"@jowens510\"},{\"type\":\"link\",\"icon\":\"email\",\"url\":\"http:\/\/www.marketwatch.com\/news\/mailto:jowens@marketwatch.com\",\"text\":\"jowens@marketwatch.com\"}]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Jeremy_C_Owens\"><\/span>Jeremy C. Owens<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. 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