Softbank Looking To Put Arm Holdings Up For Sale

Chips made using designs by Arm Holdings are quite commonly used in the market. Most prominently, iPhone maker Apple previously announced that it will be using the company’s chip architecture in lieu of Intel’s. But it looks like Arm’s owner, Softbank, is looking to either put it up for sale or an initial public offering.

The Wall Street Journal reports that Softbank is looking to “raise cash from its varied stable of assets”. The report says the Japanese conglomerate is looking to sell up to US$41 billion (~RM175 billion) in assets. It acquired Arm Holdings for US$32 billion (~RM136.66 billion) back in 2016.

As mentioned earlier, Apple has made the major shift of adopting Arm’s chip architecture in designing its own Apple Silicon. But even before that, the fruits company has been using Arm’s architecture since its iPhones began using its own A-series chipsets. 9to5Mac also reports that Apple has previously expressed interest in acquiring Arm Holdings. If the interest hasn’t diminished, then this may be the time to do so.

At any rate, this shouldn’t mean much in terms of impact on Apple or its customers. Even if Apple does acquire the company, there’s no telling if there will be a significant impact to the way the companies work.

(Source: WSJ via 9to5Mac)

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