Seems to promote IPO as an alternative to being bought, but doesn’t seem happy with Softbank or (potentially) Nvidia.
ARM was previously listed, so would this be an Initial Public Offering?
Yep, because they don't currently have stock on any market.
Hermann Hauser: ‘It’s in Nvidia’s Interests to Destroy Arm’
11–20 of 118 posts
Re: Hermann Hauser: ‘It’s in Nvidia’s Interests to Destroy Arm’
#12I used to own ARM stock before the Softbank aquisition -- I'd love to be able to buy some again.
Re: Hermann Hauser: ‘It’s in Nvidia’s Interests to Destroy Arm’
#13> would not only strike a blow to the UK’s technological sovereignty ARM is currently owned by a Japanese conglomerate. https://en.wikipedia.org/wiki/Arm_Holdings
I'm pretty sure Hermann Hauser is aware of this, since he co-found and later sold ARM.
He doesn't consider the Japanese conglomerate owing ARM a blow to the UK's technological sovereignty, but he does for Nvidia.
Re: Hermann Hauser: ‘It’s in Nvidia’s Interests to Destroy Arm’
#14"However, Hauser fears that CFIUS regulation could be applied more broadly than this. “If the president decides Britain doesn’t deserve to have any more microprocessors, then he can decide that Britain isn’t allowed to use its own microprocessors,” he says, adding that “these decisions should be made in Downing Street, not in the White House”. "
Don't worry mr. Hauser. The target of the US cornering of the chip market is of course China ...
Re: Hermann Hauser: ‘It’s in Nvidia’s Interests to Destroy Arm’
#15The UK is actually the one that has ignored and destroyed ARM (and Imagination Technologies) and it has been compared to 'selling off the crown jewels' [0] to SoftBank which was welcomed by a UK government cabinet minister in 2016 as a 'big vote of confidence in British business.' [1]
Actually, SoftBank got ARM at a special Brexit discount. For them, they saw it as the best deal of 2016 and for the UK, you might as well say they got scammed.
So fast forward to 2020, SoftBank didn't get that 10x return they wanted from ARM and is now selling to get a tiny profit, where it is apparently heading for Santa Clara.
The rest of the UK didn't care and didn't know what they had, until it was too late and the same fate was repeated for Imagination Technologies. What a shame.
[0] https://qz.com/734882/the-32-billion-japanese-takeover-of-a-...
[1] http://blog.policy.manchester.ac.uk/posts/2016/08/arm-holdin...
Re: Hermann Hauser: ‘It’s in Nvidia’s Interests to Destroy Arm’
#16The UK is actually the one that has ignored and destroyed ARM (and Imagination Technologies) and it has been compared to 'selling off the crown jewels' [0] to SoftBank which was welcomed by a UK government cabinet minister in 2016 as a 'big vote of confidence in British business.' [1] Actually, SoftBank got ARM at a special Brexit discount. For them, they saw it as the best deal of 2016 and for the UK, you might as w…
They should have thought about what could happen _before_ selling ARM. TBH seeing them crying is sad and pathetic.
Re: Hermann Hauser: ‘It’s in Nvidia’s Interests to Destroy Arm’
#17The UK is actually the one that has ignored and destroyed ARM (and Imagination Technologies) and it has been compared to 'selling off the crown jewels' [0] to SoftBank which was welcomed by a UK government cabinet minister in 2016 as a 'big vote of confidence in British business.' [1] Actually, SoftBank got ARM at a special Brexit discount. For them, they saw it as the best deal of 2016 and for the UK, you might as w…
Perhaps ARMs success is precisely because its moving outside of the the UK?
Re: Hermann Hauser: ‘It’s in Nvidia’s Interests to Destroy Arm’
#18> would not only strike a blow to the UK’s technological sovereignty ARM is currently owned by a Japanese conglomerate. https://en.wikipedia.org/wiki/Arm_Holdings
I'm pretty sure Hermann Hauser is aware of this, since he co-found and later sold ARM. He doesn't consider the Japanese conglomerate owing ARM a blow to the UK's technological sovereignty, but he does for Nvidia.
Didn't he complain about Japanese conglomerate owning ARM as well?
Re: Hermann Hauser: ‘It’s in Nvidia’s Interests to Destroy Arm’
#19Earlier quoted context omitted.
I'm pretty sure Hermann Hauser is aware of this, since he co-found and later sold ARM. He doesn't consider the Japanese conglomerate owing ARM a blow to the UK's technological sovereignty, but he does for Nvidia.
Didn't he complain about Japanese conglomerate owning ARM as well?
Re: Hermann Hauser: ‘It’s in Nvidia’s Interests to Destroy Arm’
#20Earlier quoted context omitted.
A US trade deal is a symbolic and political victory but makes virtually no difference economically. I don’t think the UK government will calculate that prospect of one would outweigh losing ARM.
I don't have the same level of confidence you do – the current UK government's strategy is very much "symbolic and political" over absolutely all other concerns. Faced with the political impact of "that amazing US trade deal we promised you is off the table" versus "a company you probably haven't actually heard of, which was already Japanese-owned, is becoming US-owned"… well, I don't have much confidence.
you misspelt shambolic.