[ad_1]
NVIDIA
SoftBank Group has officially announced that it will sell all of its Arm shares to NVIDIA.
According to the announcement, the amount of the sale is up to 40 billion dollars (4.2 trillion yen). Of this amount, we will pay Arm $ 2 billion in cash at contract time, $ 10 billion in cash to Softbank Group and Vision Fund at closing, and $ 21.5 billion in NVIDIA common stock.
Upon completion of the transaction, SoftBank G and Vision Fund are expected to own a total of approximately 6.7-8.1% of NVIDIA’s outstanding shares (excluding treasury shares). The transaction requires approval from regulators such as the UK, China, the EU and the US, but is expected to be completed in 18 months.
Softbank G acquired Arm for approximately 3.3 trillion yen in 2016. The comment of President Masayoshi Son, who said, “It’s only 3 trillion yen”, became a hot topic. At first, Chairman Masayoshi Son, who also mentioned Arm’s reinstatement, commented on the circumstances that led to the sale to NVIDIA as follows.
“As a result of considering the originally planned re-listing of Arm alone and the combination with NVIDIA, we decided that NVIDIA would further realize Arm’s potential and contribute to enhancing our shareholder value. The combination of Arm, the world’s most popular computing platform, and NVIDIA, the world’s leading AI computing company, creates a world-leading computing company in the AI age and accelerates innovation. We look forward to expanding our business to the growth market on a large scale along with this. “
Additionally, Son was quick to cash in on his holdings, saying “collecting cash will lead to protection” in the event of the Corona disaster, but in this transaction, half of the $ 40 billion will be received by NVIDIA common stock. instead of cash. Be.
Maintain Arm’s open license model
NVIDIA also issued a statement. Arm will be part of NVIDIA, but we will continue to operate Arm’s open license model and maintain and expand the Arm brand.
NVIDIA already has great influence in the field of computing, such as artificial intelligence, the GPU and automatic driving. With the acquisition of Arm, which designs the Arm architecture, which is being adopted by almost every smartphone in the world and is being widely adopted for PCs and data centers, the company is likely to become even more influential in this field.
Relationship
・ Softbank reports that the arms sale was completed on the 14th. Approximately 4.2 trillion yen, become NVIDIA’s largest shareholder?
・ Mr. Son of Softbank, ARM acquisition “only 3 billion yen.” British government “welcome”
Source: Softbank G NVIDIA
[ad_2]
