ARM Softbank

UK chipmaker Arm, owned by Softbank, prepares its IPO in US, for which it needs a high valuation

Alphavalue / Divacons| The UK-based chip design company is preparing its US IPO, which could come as early as September. Arm’s owner, Softbank, needs a high assessment to clean up its image after recent fiascos. The IPO could fetch a valuation of around €60 billion, the highest in the US this year. But the situation appears to be complex, given that the chipmaker’s main market has stopped growing, its model…


Japanese SoftBank grabs Sprint in $20 billion deal

US Sprint clients can now expect some innovations cellphone users in Japan and South Korean have enjoyed for some years, already. After its acquisition by Japan’s Softbank, they might be able to pay their subway trips with their iPhone.