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SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

reuters.com

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Re: SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

#121

Post by tjoff »

reilly3000 wrote: post #30

Soooo back on the LSE or? It was such a hot stock in 2014-15. Softbank kinda bought it at the peak. Still, Apple has proven ARM on the desktop is phenomenal, and Ampere has done the same in the datacenter. Both have swiftly made compiler support accelerate dramatically. I would love for my next desktop to be arm-based, and it would be great if it didn’t NEED to be a mac. Broad adoption of ARM would be a huge win for…

The thing that stands out about ARM is that the user has less control of the hardware. The manufacturers try and succeed in keeping an extremely closed ecosystem.

Why would you want that? The Intel+AMD duopoly seems like nirvana compared to the Ampere and M1.

In fact, Ampere and M1 are a hint of the most dystopian future of computing I can imagine.

Re: SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

#122

Post by brokencode »

ignoramous wrote: post #116
jsiepkes wrote: post #100

Earlier quoted context omitted.

If Activision/Blizzard is worth $65bn to Microsoft for it's IP then $84bn is still a steal for ARM?

Provided the ARM juggernaut is expected to streamroll Intel's business in the coming decade, this acquisition does make sense for Intel... this could be their Facebook+WhatsApp moment.

If Nvidia was blocked from acquiring ARM, then I certainly think that Intel would be blocked as well. Plus, Intel does not need to actually acquire ARM to start making ARM processors. For example, Apple has done just fine licensing ARM IP just like everybody else.

Re: SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

#123

Post by raywu »

ignoramous wrote: post #116
jsiepkes wrote: post #100

Earlier quoted context omitted.

If Activision/Blizzard is worth $65bn to Microsoft for it's IP then $84bn is still a steal for ARM?

Provided the ARM juggernaut is expected to streamroll Intel's business in the coming decade, this acquisition does make sense for Intel... this could be their Facebook+WhatsApp moment.

If Nvidia gets torpedoed by regulators, it’s hard to see how Intel stands a chance

Re: SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

#124

Post by avidphantasm »

HWR_14 wrote: post #106
jakey_bakey wrote: post #66

Earlier quoted context omitted.

It's weird, according to the FT they only want the capital to finance share buybacks. So, basically, they want to prop up their share price.

I didn't see that article, but that seems to be a two-step process for SoftBank to sell their shares on the open market without spoiling the market by public ally divesting themselves of shares. They sell new shares, then use the money that generates to buy a percentage of SoftBanks shares.

This is why financial engineering and ultimately all Money-Money transactions are ultimately nihilistic and boring. Who cares how much money you have if you aren’t doing new/innovative/interesting things?

Re: SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

#125

Post by detaro »

brokencode wrote: post #122
ignoramous wrote: post #116

Earlier quoted context omitted.

Provided the ARM juggernaut is expected to streamroll Intel's business in the coming decade, this acquisition does make sense for Intel... this could be their Facebook+WhatsApp moment.

If Nvidia was blocked from acquiring ARM, then I certainly think that Intel would be blocked as well. Plus, Intel does not need to actually acquire ARM to start making ARM processors. For example, Apple has done just fine licensing ARM IP just like everybody else.

Intel indeed already is a large ARM licensee (and for a while even was the largest one, funnily enough)

Re: SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

#126

Post by iam-TJ »

Slartie wrote: post #31
coob wrote: post #25

Is it an IPO if they’ve already previously been public?

Maybe we should call it a Secondary Public Offering then.

I was just writing something similar after some research when I found this existing thread. Maybe we should refer to these public-private-public carousels as PEPOs (Private Equity Public Offering) ? :P

Pedantic nit: not quite an IPO (Initial Public Offering) in its true sense since the original ARM Holdings was already a public limited company (PLC) before Softbank bought it from its shareholders in 2016. The trading entity and group parent is Arm Ltd, a private limited company formed in 1990 [0].

There is however a currently dormant Arm Holdings Ltd [1] incorporated in 2018 which may be converted to a public company so it would be the first time this legal entity has been publicly listed.

[0] https://find-and-update.company-information.service.gov.uk/c...

[1] https://find-and-update.company-information.service.gov.uk/c...

Re: SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

#127

Post by marticode »

flipbrad wrote: post #54
samwillis wrote: post #42

Hopefully it will end back on the LSE, there was much lamenting here in the UK when SoftBank acquired them. They are one of the UKs biggest tech success, one of our few “unicorns”. For them to be be back on the LSE it would be a good signal of strength in UK tech. I wouldn’t be surprised if there is some lobbying going on behind the scenes from the UK government to try and ensure it happens. Some strategic tax brakes…

Does it matter where it IPOs?

Not only liquidity but valuation for tech companies are typically better in the US for some reason.

Re: SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

#128

Post by _blz2 »

odiroot wrote: post #109
HHC-Hunter wrote: post #12

Earlier quoted context omitted.

Honestly at this point, any big tech IPO is just a license to print money.

Didn't work that well for Cloudflare, Github, Coinbase.

Can you elaborate? All three seem to have done well.

Re: SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

#129

Post by pm90 »

lrem wrote: post #87
turminal wrote: post #81

Earlier quoted context omitted.

By buying ARM the owner gets control over an architecture that many describe as "the future of computing". That's much more valuable than whatever money ARM makes.

And if that control becomes too tight, RISC-V takes it place.

Let’s be real. ARM got a chance because it excelled in a very specific use case: low power. Unless RISC-V differentiates itself in a significant way, it won’t replace ARM.

Re: SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

#130

Post by klelatti »

tjoff wrote: post #121
reilly3000 wrote: post #30

Soooo back on the LSE or? It was such a hot stock in 2014-15. Softbank kinda bought it at the peak. Still, Apple has proven ARM on the desktop is phenomenal, and Ampere has done the same in the datacenter. Both have swiftly made compiler support accelerate dramatically. I would love for my next desktop to be arm-based, and it would be great if it didn’t NEED to be a mac. Broad adoption of ARM would be a huge win for…

The thing that stands out about ARM is that the user has less control of the hardware. The manufacturers try and succeed in keeping an extremely closed ecosystem. Why would you want that? The Intel+AMD duopoly seems like nirvana compared to the Ampere and M1. In fact, Ampere and M1 are a hint of the most dystopian future of computing I can imagine.

Any architecture that forces something like the Intel Management Engine on users is closer to dystopia than nirvana.
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