Qualcomm is ready to buy ARM with a consortium of companies

Last quarter, SoftBank's attempt to sell the British developer of processor architectures ARM to NVIDIA failed, after which it was decided to return ARM to the stock market, not the British one, but the American one. The head of Qualcomm Cristiano Amon expressed support for the idea of buying out ARM by a consortium of strategic investors, and in this regard, Intel could become an ally of Qualcomm.

Intel CEO, Patrick Gelsinger, has previously expressed his willingness to support such a consortium. So far, Qualcomm is not looking forward to forming an alliance with Intel, but in general, Cristiano Amon believes that a buyout of ARM by a group of investors would be better in the interests of the industry. At the very least, this would make it possible to maintain the balance of interests, which would be violated if the deal with NVIDIA was completed. As you know, Qualcomm opposed the deal between ARM and NVIDIA. According to Amon, "multiple companies must be involved in the deal so that in the end ARM can remain independent."

Until 2016, ARM shares were traded on the London and New York stock exchanges, but now SoftBank is trying to return them only to the American stock market. This causes dissatisfaction with some British politicians who consider ARM part of the national technological heritage. However, so far the attempts of the British authorities to influence the situation have not brought any results, but only contributed to the disruption of the deal with NVIDIA.

According to Qualcomm management, ARM has been successful through collective investment in the ARM ecosystem. ARM's independence, according to Amon, was critical to the success of ARM's architecture. Now everything is moving towards ARM platforms, according to the head of Qualcomm, so investments in the company's assets should justify themselves and contribute to its further development. So far, Cristiano Amon has not discussed the possibility of a buyout of ARM's assets with SoftBank, as the leadership of the Japanese corporation was focused on resolving problems with the rebellious head of ARM's Chinese division.

Source: www.gsmarena.com