In July Bloomberg reported that SoftBank, the owners of Arm Ltd. approached Apple to gauge if the tech-giant was interested in a purchase of the company.
Apple reportedly rejected an interest in a bid due to the potential concerns of antitrust and regulatory backlash given Arm and its licensees are used by many of Apple’s own competitors.
Arm through the years has grown in value and is only expected to become more valuable with time. Arm sells the design of semiconductors and the licenses for chips and how it communicates with software. Companies like Apple who use their design have to pay a fee in order to use it and its blueprints. Apple’s reliance on Arm will only grow following Apple’s announcement to Apple Silicon-based Macs using ARM chips over the next 2 years.
Now it seems however that the British chip designer has caught the eyes of one of the world’s biggest computer companies, Nvidia. The Wall Street Journal reports citing Japanese sources that Nvidia is nearing a deal to purchase Arm in the range of $40 billion. Talks between the two companies have been ongoing for several weeks according to the Journal with a final purchase possibly being sealed early next week.
In August Nikkei Asian Review reported that key Apple suppliers Foxconn and TSMC were interested in a purchase of Arm. In efforts by Softbank to purchase the company, representatives reportedly contacted Foxconn, TSMC, alongside Qualcomm and Apple. The report stated that Foxconn, TSMC, and Nvidia were given “select financial data and projections” in order to make a decision.