February 9 news, reportedly, with NVIDIA announced on its official website that they and SoftBank agreed to terminate the acquisition of Arm, this September 13, 2020 officially announced, when worth $44 billion, has now reached about $66 billion in acquisition transactions, and finally ended in failure on Monday local time, just over a month away from NVIDIA's expected completion of the transaction in about 18 months.
The termination of the acquisition transaction means that Arm has no chance to enter the arms of NVIDIA, and SoftBank Group, which is committed to finding other solutions, has also announced that it has begun to prepare for arm listing financing to promote Arm IPO.
Some foreign media said in the report that the source revealedArm's current owner, SoftBank Group, is seeking arm's IPO before the end of the year, preferring to list in New York.
As for arm's final IPO time and listing location, it will be gradually revealed as the listing matters are gradually advanced.
For Arm's IPO, SoftBank Group Chairman and CEO Masayoshi Son said that they will seize the opportunity and start preparing for the IPO to achieve better development.
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