English
Arm Begins 2nd Term on Nasdaq, at $54.5 Billion Valuation
By Nitin Dahad, EETimes (September 14, 2023)
EE Times Interviews Paul Williamson, Arm’s senior VP and general manager for the IoT business
Arm’s CEO today rang the opening bell on Nasdaq as the British chip designer began its second spell on the stock exchange, securing a valuation of $54.5 billion. The run-up to the IPO was the talk of not just the tech industry but also the global financial community—as this year’s largest IPO so far: SoftBank sold 95.5 million American Depositary shares of Arm at $51 apiece, raising $4.87 billion in the listing.
|
E-mail This Article | 
|
|
Printer-Friendly Page |
Related News
- FTC Sues to Block $40 Billion Semiconductor Chip Merger
- Nvidia's $40 Billion ARM Purchase Will Test Current M&A "Ceiling"
- NVIDIA to Acquire Arm for $40 Billion, Creating World's Premier Computing Company for the Age of AI
- Why SoftBank Is Spending $32 Billion on ARM
- Strategy Analytics: ARM Will Beat Intel in $17 Billion Mobile Internet Device Market
Breaking News
- Arm loses out in Qualcomm court case, wants a re-trial
- Jury is out in the Arm vs Qualcomm trial
- Ceva Seeks To Exploit Synergies in Portfolio with Nano NPU
- Synopsys Responds to U.K. Competition and Markets Authority's Phase 1 Announcement Regarding Ansys Acquisition
- Alphawave Semi Scales UCIe™ to 64 Gbps Enabling >20 Tbps/mm Bandwidth Density for Die-to-Die Chiplet Connectivity