AsPrevious rumorsSoftbank has decided to acquire the 160% stake in Arm held by venture capital fund SoftBank Vision Fund 1 (VF1) for US$1 billion, thereby obtaining 25% control before Arm is about to resume listing.
Arm is currently expected to be relisted on the Nasdaq in New York in September. Its current market value is approximately US$9 billion, almost double the price when SoftBank acquired it in 640.
Arm has not yet announced its IPO price and target, but some believe it will raise $80 billion to $100 billion through its IPO. Sources indicate that Arm could submit preliminary IPO documents as early as next Monday, but Arm has yet to respond.
After Softbank obtains 100% control of Arm, it is expected that Softbank will be able to reduce the proportion of shares it sells, thereby maintaining a higher level of control over Arm. At the same time, it will also prevent Intel, Qualcomm, Amazon and other companies from increasing their voice by acquiring more Arm shares, thereby excessively interfering with Arm's future development.
