(NVDA) has agreed to buy the U.K.-based chip design house Arm Holdings from (9984) for about $40 billion in cash, stock, and future considerations. It’s the biggest acquisition in the history of the semiconductor industry and a significant victory for SoftBank and its founder and CEO Masayoushi Son, which bought Arm for $32 billion in 2016. Under the terms of the deal, Nvidia (ticker: NVDA) will pay SoftBank (9984.Japan) $12 billion in cash, including $2 billion payable at signing, and 44.3 million Nvidia shares worth an estimated $21.5 billion. Read More...
(NVDA) has agreed to buy the U.K.-based chip design house Arm Holdings from (9984) for about $40 billion in cash, stock, and future considerations. It’s the biggest acquisition in the history of the semiconductor industry and a significant victory for SoftBank and its founder and CEO Masayoushi Son, which bought Arm for $32 billion in 2016. Under the terms of the deal, Nvidia (ticker: NVDA) will pay SoftBank (9984.Japan) $12 billion in cash, including $2 billion payable at signing, and 44.3 million Nvidia shares worth an estimated $21.5 billion.
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