Japan’s SoftBank could offload semiconductor maker within weeks for at least $32bn. The computing firm Nvidia is negotiating with Arm’s Japanese owner, SoftBank, to acquire the Cambridge-based group in a deal that could be agreed within weeks, according to a report by Bloomberg . The news came two weeks after the Wall Street Journal reported that SoftBank was exploring a sale of Arm . A deal to acquire Arm could be the largest ever in the semiconductor industry, which has been consolidating in recent years as companies seek to diversify and expand. […] Arm was sold to SoftBank in 2016 for $32bn (£24bn) and any transaction would value the business at a further premium, the Financial Times reported .
Click here to read the full article