Thursday, August 6th 2020

Softbank Approaches TSMC and Foxconn for Potential Arm Buyout

Softbank-owned company Arm Ltd. has been a subject to a round of rumors regarding the potential buyout of the company because Softbank has considered selling it for some time. The company has approached NVIDIA, with their talks getting "advanced", and Samsung wants a piece of the cake as well. It is now reported that Softbank has approached TSMC and Foxconn as well, regarding a potential Arm takeover. In the report by Nikkei Asia, we have found out that Arm has shared the same financial data points and business plan with TSMC and Foxconn, the same way company did with NVIDIA.

If TSMC and Foxconn have any interest in the company, it would be necessary to create a consortium that would operate Arm Ltd. With NVIDIA, Samsung, and these two new players, the consortium would already count four companies. Nikkei sources claim that Apple and Qualcomm have been also included in the poll of potential buyers, which would make the idea of establishing a consortium very valid.
Source: Nikkei Asia via Tom's Hardware
Add your own comment

8 Comments on Softbank Approaches TSMC and Foxconn for Potential Arm Buyout

#1
The Quim Reaper
This is all getting very messy and seems to be designed to do nothing but make alot of corporate takeover lawyers and CEO's even richer than they already are...
Posted on Reply
#2
voltage
The Quim Reaper
This is all getting very messy and seems to be designed to do nothing but make alot of corporate takeover lawyers and CEO's even richer than they already are...
exactly. the small fish in the pond deserve it. and believe it or not nvidia is the smallest fish. so, this time I am rooting for nvidia. but highly unlikely they will be the lucky buyers.
Posted on Reply
#3
Kohl Baas
voltage
exactly. the small fish in the pond deserve it. and believe it or not nvidia is the smallest fish. so, this time I am rooting for nvidia. but highly unlikely they will be the lucky buyers.
My thoughts exactly. I think nVidia had no real chance given the ammount of much bigger corporations affected by ARM.
Posted on Reply
#4
bug
This is probably not about creating a consortium. It's probably just Softbank trying to raise the price.
Posted on Reply
#5
Assimilator
bug
This is probably not about creating a consortium. It's probably just Softbank trying to raise the price.
Yup, based on the shenanigans I wouldn't be surprised if Softbank never had any intention to sell Arm - more likely they're just trying to pump up the company's value ahead of next year's IPO.
Posted on Reply
#6
bug
Assimilator
Yup, based on the shenanigans I wouldn't be surprised if Softbank never had any intention to sell Arm - more likely they're just trying to pump up the company's value ahead of next year's IPO.
Either that or simply trying to make Nvidia cough up more dough. Really uninteresting newspiece either way.
Posted on Reply
#7
InVasMani
Out of these TSMC feels like it would fit the best in terms of how it already operates.
Posted on Reply
#8
Steevo
Apple will buy ARM, and invest in a venture fab plant in the US and Taiwan with TSMC.
Posted on Reply