SoftBank confirms sell-off of ARM China stake
June 20, 2018 // By Peter Clarke, eeNews Europe
The move had been previously reported (see Report: Control of ARM's China business passes to JV ) and was thought to include China Investment Corp:, Silk Road Fund, Singapore's Temasak Holdings, ARM, Hopu Investment Management and Shum Yip Group.
SoftBank has now provided more detail in that it has said that ARM will sell 51 percent of its equity interest in Arm China for US$775.2 million to the investors. However, it did not confirm the participants, saying the names were not disclosed at the request of the relevant parties. It said the transaction was expected to close in June 2018.
To read the full article, click here
Related Semiconductor IP
- I2C Master/Slave Controller Core
- NVMe Validation Test Suite
- Hybrid Memory Cube Verification IP
- nQrux® Root of Trust IP
- AXI to UCIe Bridge IP
Related News
- Arm transfers most of its Arm China shareholding to Softbank
- Farewell Cortex as ARM looks to product rebranding and China risks
- Winbond buys stake in Silicon Valley-based NexFlash
- Philips takes $9M stake in Improv Systems
Latest News
- Vayavya Labs and Tenstorrent Partner to Accelerate RISC-V Hardware and Software Development Through Virtual Platform Modeling
- RaiderChip’s Edge NPU reaches more than 50 Generative AI Models with the addition of Qwen3.8-27B
- Aion Silicon Named Design Solution Associate in New Rapidus CORE Ecosystem for 2nm Semiconductors
- Arteris Wins Funding to Expand Hardware Design Supply Chain Security Assurance for the Trusted and Assured Microelectronics Program
- UMC Reports Sales for September 2026