SoftBank and NVIDIA may be related to capital through a deal with Arm

At the end of July, Bloomberg reported that SoftBank and NVIDIA were negotiating the purchase of the assets of the British holding Arm for $32 billion. Now there is information that SoftBank wants to sell only part of Arm's assets, while maintaining control over the stake. Either the Japanese corporation will exchange shares with NVIDIA, becoming the majority shareholder of the combined company.

SoftBank and NVIDIA may be related to capital through a deal with Arm

Similar information, if you believe Reuters и Bloomberg, on the eve of the spread of the Japanese agency Nikkei Asian Review, but by Sunday morning, the original post was no longer available. When The Wall Street Journal mentioned looking for strategic alternatives for Arm last month, it also mentioned the possibility of going public. Now everything has come down to negotiations with NVIDIA, participation in which the parties do not comment.

According to one possible scenario, SoftBank will again become a shareholder of NVIDIA. The Japanese corporation had already invested in the capital of the California-based graphics solutions developer in 2017, but by the end of 2018 it had sold its stake in NVIDIA for $3,63 billion. may be higher. Arm and NVIDIA could agree to a share swap, according to Bloomberg, creating a combined company in which SoftBank will be the majority shareholder.

To cover losses from investments in WeWork and Uber Technologies, SoftBank needed to sell $ 42,5 billion in assets. The head of the Japanese corporation in late June said that this goal was achieved by about 80%. According to others, SoftBank managed to get only two-thirds of the necessary funds. In any case, there is no particular need to sell Arm as a whole, so SoftBank is now exploring alternative options in order to maintain control over the assets of the British developer of processor architectures.

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Source: 3dnews.ru

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