ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

SoftBank reaches $40bn deal to sell Arm to US chipmaker Nvidia

Japanese group will keep minority stake in new owner of UK chip designer

SoftBank Group CEO Masayoshi Son: "Joining forces with a world leader in technology innovation creates new and exciting opportunities for Arm."   © Reuters

TOKYO/TAIPEI -- SoftBank Group has agreed to sell U.K. chip designer Arm Limited to U.S. chipmaker Nvidia in a cash and stock deal worth up to $40 billion.

The sale of Arm, which SoftBank bought in 2016 for $31 billion, is the latest in a string of major asset sales by the Japanese conglomerate. Announcing the deal on Monday, SoftBank said the combination of Arm and Nvidia will create a computing company "that will lead the era" of artificial intelligence.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more