The Cambridge-based tech company’s public debut is expected to be the largest IPO this year and could rival other big public offerings by Alibaba and Facebook
Arm, the British semiconductor company currently owned by SoftBank, the Japanese investment group, took a step closer to its planned initial public offering later this year as investors bet the once-obscure designer of phone chips can flourish in the era of artificial intelligence computing.
The planned IPO, which is set to be largest of the year, is expected to value the Cambridge-based tech firm at between $60 billion and $70 billion. In a long-awaited ...
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
SoftBank’s Arm unveils plans for biggest US IPO in nearly two yearsFlotation of UK-based chip designer may help to revive market for primary listings after 18-month drought
Leer más »
British radio legend Chris Evans reveals cancer diagnosis live on airThe broadcaster announced live on his radio show that doctors recently gave him the diagnosis, but that the disease had been caught in the early stages.
Leer más »
Row between British Horseracing Authority and jockeys over racecourse saunas gets steamyThe practice of shedding weight before meetings ended after Covid-19 saw racecourse saunas close
Leer más »
Serial child murderer Lucy Letby refuses to appear for sentencingLetby, the most prolific child serial killer in modern British history, faces a whole life order when Mr Justice Goss hands down her sentence at Manchester Crown Court
Leer más »
Couple sell home and move abroad where their rent is just €2,300 a yearA British couple sold their home and all their possessions and moved to Bali to become “financially free” – now their rent is just £2,000 (€2,300) a year.
Leer más »
Arctic Monkeys announce new Irish concerts following Marlay Park cancellationThe British band will play four Irish Arena dates in October to mark the end of their world tour
Leer más »