{"id":135575,"date":"2022-02-13T18:42:19","date_gmt":"2022-02-14T02:42:19","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/02\/softbank-dumps-sale-of-arm-over-regulatory-hurdles-to-ipo-instead"},"modified":"2022-02-13T18:42:19","modified_gmt":"2022-02-14T02:42:19","slug":"softbank-dumps-sale-of-arm-over-regulatory-hurdles-to-ipo-instead","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/02\/softbank-dumps-sale-of-arm-over-regulatory-hurdles-to-ipo-instead","title":{"rendered":"SoftBank dumps sale of Arm over regulatory hurdles, to IPO instead"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/softbank-dumps-sale-of-arm-over-regulatory-hurdles-to-ipo-instead2.jpg\"><\/a><\/p>\n<p>SAN FRANCISCO\/SHANGHAI, Feb 8 (Reuters) \u2014 SoftBank Group Corp <a href=\"https:\/\/www.reuters.com\/companies\/9984.T\" target=\"_blank\" class=\"\">(9984.T)<\/a> has shelved its blockbuster sale of Arm Ltd to U.S. chipmaker Nvidia Corp <a href=\"https:\/\/www.reuters.com\/companies\/NVDA.O\" target=\"_blank\" class=\"\">(NVDA.O)<\/a> valued at up to $80 billion citing regulatory hurdles and will instead seek to list the company.<\/p>\n<p>Britain\u2019s Arm, which named a new CEO on Tuesday, said it would go public before March 2023 and SoftBank CEO Masayoshi Son indicated that would be in the United States, most likely the Nasdaq.<\/p>\n<p>SoftBank acquired Arm, whose technology powers Apple\u2019s iPhone and nearly all other smartphones, in 2016 for $32 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SAN FRANCISCO\/SHANGHAI, Feb 8 (Reuters) \u2014 SoftBank Group Corp (9984.T) has shelved its blockbuster sale of Arm Ltd to U.S. chipmaker Nvidia Corp (NVDA.O) valued at up to $80 billion citing regulatory hurdles and will instead seek to list the company. Britain\u2019s Arm, which named a new CEO on Tuesday, said it would go public [\u2026]<\/p>\n","protected":false},"author":427,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1512],"tags":[],"class_list":["post-135575","post","type-post","status-publish","format-standard","hentry","category-mobile-phones"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/135575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/427"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=135575"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/135575\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=135575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=135575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=135575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}