Report: ARM is for sale and Nvidia’s interested, Apple isn’t
Hey, you! Do you want to control the future of basically every mobile device on Earth, and even some laptops and desktops? Have I got a deal for you! ARM Limited is for sale, the company in charge of the ubiquitous ARM CPU architecture that powers the majority of devices that run on a battery. It will only cost a few tens of billions of dollars. Bloomberg has two reports on the matter, one stating that Nvidia is interested in buying ARM and another saying that Apple isn't.
ARM is currently owned by SoftBank group, a giant Japanese holding company previously featured on Ars for buying Boston Dynamics, buying Sprint, and buying stakes in Uber and GM's Cruise. SoftBank bought ARM for $32 billion in 2016, and since then, ARM has only gotten more powerful. ARM doesn't manufacture chips; instead, it sells IP based on the ARM CPU architecture in the form of its in-house Cortex CPU designs or licenses to design whatever you want using ARM's instruction set.
In 2016, SoftBank described ARM as its prized possession, with SoftBank CEO Masayoshi Son describing it as “the center of the center of SoftBank.” In the coronavirus era, SoftBank has been hit hard by the tanking valuations of Uber and WeWork, along with the bankruptcy of OneWeb, and now it's willing to sell ARM to raise money.
