Time:2022-10-20 Views:
On October 19th, according to foreign media reports, after the termination of the acquisition transaction with Nvidia, SoftBank Group has begun to promote its semiconductor intellectual property provider Arm to go public and raise capital, and their management has also been adjusted. CEO, CFO and The general counsel has been replaced.
The latest reports from relevant media show that Arm, which is promoting the IPO, is also adjusting its strategy in a timely manner to promote the development of their business.
In the latest report, some media mentioned that Arm has decided to separate the automotive and Internet of Things business and become the new main business line.
For the automotive and Internet of Things businesses, Arm's new CEO Rene Haas, who was appointed in February this year, said that they have made great progress in both areas, but they are still under one business unit, and it is time to split them into two Two business units.
After splitting the automotive and IoT businesses, Arm will have four business lines, the other two being the client business and the infrastructure business.
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