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IPO Arm, Qualcomm boss said, we will buy

Admin
June 16, 2021
2 min read
IPO Arm, Qualcomm boss said, we will buy

Qualcomm's chief executive said that if Nvidia's deal with Arm violates regulatory review, and then SoftBank decides to IPO, Qualcomm will prepare to buy Arm's shares together with other technology companies.

"If Arm has an independent future, I think you will find that many companies in the ecosystem, including Qualcomm, are interested in investing in Arm," said Qualcomm CEO Cristiano Amon.

"If it leaves SoftBank and enters the process of becoming a listed company, an investment company consortium, which includes many customers, I think these are very high possibilities," he said.

"We will definitely be open to this. We have discussed with other companies that feel the same way."

Other companies that have expressed concerns about the deal include Tesla and Amazon, and no major Arm customers have publicly supported the deal. No one believes that Nvidia will maintain Arm’s fairness among its customers, especially between Arm’s customers and Nvidia, despite Nvidia’s promise to remain neutral.

“The Arm ecosystem is successful because it is open,” Amon said, adding, “That’s why for us and many other companies, it’s a logical conclusion to invest in strong and An independent Arm may be the best for everyone. "We don't see the benefits of the ecosystem," Amon said. "We only see the damage."

Arm founder Hermann Hauser (Hermann Hauser) once said that Arm's customers can buy a large number of Arm shares through IPO or transaction sales, which would be the right approach.

 

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