Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Arm Plans To Raise $52bn In The Year’s Biggest IPO

- Advertisement -
  • Listing of around 10 per cent of the company is expected to raise roughly $5 billion
  • Apple, Google and Nvidia showcased interest in purchasing Arm shares

Arm has aimed a more than $52 billion valuation for its initial public offering (IPO). Arm has priced its shares at $51 ahead of the largest IPO New York has seen for almost two years.

The company name will be listed on the tech-rich Nasdaq stock exchange under the “ARM” ticker. Arm’s IPO valuation has topped the list. The company has achieved the score for its enthusiasm among investors amid an explosion of interest in artificial intelligence

Traders are looking at Arm’s IPO as a barometer for other tech IPOs, which have stalled recently as the Covid-19 pandemic, the war in Ukraine, and higher interest rates lowered the appetite for riskier investments.

- Advertisement -

A number of tech giants, including Apple, Google and Nvidia, have showcased interest in purchasing Arm shares at the share price it has listed.

The listing of around 10 per cent of the company is expected to raise roughly $5 billion for its owner, SoftBank.

If Arm’s IPO does well, other industry leaders may also participate to raise funds. SoftBank will retain ownership over 90 percent or so of the company’s shares.

Arm’s announcement values more than the $32 billion SoftBank spent to buy it in July 2016. The amount, meanwhile, is significantly lower than the $60 billion to $70 billion estimate it had hoped for just a few weeks ago.

- Advertisement -

Most Popular Articles

Nitisha Dubey
Nitisha Dubey
Nitisha Dubey is a journalist at EFY. She focuses on startups and innovations with a deep interest in new technologies and business models.

EKA Mobility Aims To Triple Its Capacity

0
As part of its expansion strategy, EKA Mobility is constructing a third plant in Pithampur, Madhya Pradesh, which will produce both electric buses and...
V-BAT Drones

JSW Defence Partners USA’s Shield AI To Produce V-BAT Drones In India

0
The partnerships will leverage India's engineering talent and transitioning towards more cost-effective unmanned systems JSW Defence Pvt. Ltd., a subsidiary of the $24 billion JSW...

VinFast Discusses JV With Adani Group, Megha Engg

0
An informed source mentioned that VinFast, currently establishing a factory in Tamil Nadu, has started discussions with two companies aiming to secure some of...

Tata Elxsi, DENSO, AAtek Open Robotics Lab In Frankfurt

0
The laboratory situated in Tata Elxsi's Frankfurt office will function as a centre for research and development. It will showcase demonstrations of modular automation...

Ravvi Dhyani Joins ADATA To Boost India Presence

0
Planning growth in India with exciting new products and a strong market push for 2025 expansion, ADATA names Ravvi Dhyani as Country Manager. Memory...
Abhishek Malik from Calcom Vision Limited

“India’s Electronics Sector Is Growing Rapidly, Making This The Decade For Investors To Engage”...

0
From the complexities of manufacturing and sourcing components to testing processes that drive innovation, know all the exciting dynamics shaping this ever-evolving industry in...
Sunit Kapur, CEO of Epsilon

“Epsilon Leads With Low-Carbon Graphite Manufacturing, Outpaces Chinese Competitors” – Sunit Kapur, CEO of...

0
Are LFP cathodes and silicon-graphite anodes the best for cost efficiency in EV batteries? Sunit Kapur, CEO of Epsilon Advanced Materials, discusses this with...
John W. Mitchell, President and CEO, IPC

“India’s Core Focus On 5G, IoT, AI Fosters Need For Advanced Electronics,Components, And Semiconductors”...

0
Will Industry 4.0 supercharge India’s progress in semiconductor and electronics manufacturing? IPC President and CEO John W. Mitchell shared more strategies on the country’s...
Raman M., Co-Founder and CEO, chargeMOD

“Our Goal Is To Achieve Complete Sustainability By 2025-2026” – Raman M. Of chargeMOD

0
In a conversation with Nitisha Dubey from EFY, Raman M. of chargeMOD, elaborated his goal of developing virtual power plants by decentralising power production. Q....

“Adoption Of IoT-Enabled SMT Machines Is Still In Early Phases” – Pradeep Tandon, Director...

0
While electronics are becoming smarter through the Internet of Things, is electronics manufacturing following suit? Pradeep Tandon, Director for India, Middle East, and SAARC...
Applied Materials Representational Image

Applied Materials Selects Six Startups For Deep-Tech Accelerator Programme

0
The selected deep-tech startups will be evaluated for investment by Applied Ventures and potential collaboration opportunities with Applied Materials. In collaboration with the company's India...

Space tech Startup Akash Secures $68M CHIPS Funding

0
Eyeing to power into AI, EVs, and more high-tech industries, Akash Systems lands $68 million CHIPS grant to boost its cooling tech facility, generating...

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

One Charger To Charge All Your Devices

0
Now, there is no need to carry different chargers for different products. This Bhubaneswar startup has launched a universal 65W charger using GaN technology...

Industry's Buzz

EKA Mobility Aims To Triple Its Capacity

0
As part of its expansion strategy, EKA Mobility is constructing a third plant in Pithampur, Madhya Pradesh, which will produce both electric buses and...
V-BAT Drones

JSW Defence Partners USA’s Shield AI To Produce V-BAT Drones In India

0
The partnerships will leverage India's engineering talent and transitioning towards more cost-effective unmanned systems JSW Defence Pvt. Ltd., a subsidiary of the $24 billion JSW...

VinFast Discusses JV With Adani Group, Megha Engg

0
An informed source mentioned that VinFast, currently establishing a factory in Tamil Nadu, has started discussions with two companies aiming to secure some of...

Tata Elxsi, DENSO, AAtek Open Robotics Lab In Frankfurt

0
The laboratory situated in Tata Elxsi's Frankfurt office will function as a centre for research and development. It will showcase demonstrations of modular automation...

Ravvi Dhyani Joins ADATA To Boost India Presence

0
Planning growth in India with exciting new products and a strong market push for 2025 expansion, ADATA names Ravvi Dhyani as Country Manager. Memory...

Learn From Leaders

Abhishek Malik from Calcom Vision Limited

“India’s Electronics Sector Is Growing Rapidly, Making This The Decade For Investors To Engage”...

0
From the complexities of manufacturing and sourcing components to testing processes that drive innovation, know all the exciting dynamics shaping this ever-evolving industry in...
Sunit Kapur, CEO of Epsilon

“Epsilon Leads With Low-Carbon Graphite Manufacturing, Outpaces Chinese Competitors” – Sunit Kapur, CEO of...

0
Are LFP cathodes and silicon-graphite anodes the best for cost efficiency in EV batteries? Sunit Kapur, CEO of Epsilon Advanced Materials, discusses this with...
John W. Mitchell, President and CEO, IPC

“India’s Core Focus On 5G, IoT, AI Fosters Need For Advanced Electronics,Components, And Semiconductors”...

0
Will Industry 4.0 supercharge India’s progress in semiconductor and electronics manufacturing? IPC President and CEO John W. Mitchell shared more strategies on the country’s...
Raman M., Co-Founder and CEO, chargeMOD

“Our Goal Is To Achieve Complete Sustainability By 2025-2026” – Raman M. Of chargeMOD

0
In a conversation with Nitisha Dubey from EFY, Raman M. of chargeMOD, elaborated his goal of developing virtual power plants by decentralising power production. Q....

“Adoption Of IoT-Enabled SMT Machines Is Still In Early Phases” – Pradeep Tandon, Director...

0
While electronics are becoming smarter through the Internet of Things, is electronics manufacturing following suit? Pradeep Tandon, Director for India, Middle East, and SAARC...

Startups

Applied Materials Representational Image

Applied Materials Selects Six Startups For Deep-Tech Accelerator Programme

0
The selected deep-tech startups will be evaluated for investment by Applied Ventures and potential collaboration opportunities with Applied Materials. In collaboration with the company's India...

Space tech Startup Akash Secures $68M CHIPS Funding

0
Eyeing to power into AI, EVs, and more high-tech industries, Akash Systems lands $68 million CHIPS grant to boost its cooling tech facility, generating...

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

One Charger To Charge All Your Devices

0
Now, there is no need to carry different chargers for different products. This Bhubaneswar startup has launched a universal 65W charger using GaN technology...