Hynix mulling a bid for Arm


“I want to buy Arm, if not entirely. It doesn’t have to be buying a majority of its shares to be able to control the company.”  Hynix CEO Park Jung-ho told the Hynix AGM this morning,

”We are reviewing possibly forming a consortium, together with strategic partners, to jointly acquire,” added Park, “I don’t believe Arm is a company that could be bought by one company.”

Following the failed bid by Nvidia, Arm’s owner Softbank is looking to IPO Arm next year.

 





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