financetom
Business
financetom
/
Business
/
Market Chatter: Arm Recently Approached UK's Alphawave Over Potential Acquisition
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Arm Recently Approached UK's Alphawave Over Potential Acquisition
Apr 1, 2025 4:57 AM

07:40 AM EDT, 04/01/2025 (MT Newswires) -- Arm Holdings ( ARM ) recently considered acquiring UK-based Alphawave, which supplies semiconductor intellectual property, but decided not to proceed after initial talks with the company, Reuters reported Tuesday, citing unnamed sources familiar with the matter.

Alphawave has been exploring a sale amid takeover interest from potential acquirers like Arm, one of the sources told Reuters.

Arm approached Alphawave with the aim of acquiring its technology that determines how fast information can get onto and off a chip, which is crucial for artificial intelligence, Reuters reported.

Arm and Alphawave did not immediately respond to MT Newswires' requests for comments.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
--Kaiser Aluminum Keeps Quarterly Dividend at $0.77 a Share, Payable Nov. 15 to Stockholders of Record Oct. 25
--Kaiser Aluminum Keeps Quarterly Dividend at $0.77 a Share, Payable Nov. 15 to Stockholders of Record Oct. 25
Oct 17, 2024
04:44 PM EDT, 10/15/2024 (MT Newswires) -- Price: 73.49, Change: +1.92, Percent Change: +2.68 ...
Upstream Bio Closes $293 Million IPO
Upstream Bio Closes $293 Million IPO
Oct 17, 2024
04:42 PM EDT, 10/15/2024 (MT Newswires) -- Upstream Bio ( UPB ) said Tuesday the company has closed its $293 million initial public offering. The company said it sold 17.25 million shares in the IPO at $17 per share, including the full exercise of an over-allotment option. Shares of the company were down about 2% in after-hours activity. Price: 22.55,...
Looking At ServiceNow's Recent Unusual Options Activity
Looking At ServiceNow's Recent Unusual Options Activity
Oct 17, 2024
Deep-pocketed investors have adopted a bearish approach towards ServiceNow ( NOW ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in NOW usually suggests something big is about to happen. We gleaned this information from...
J&J must pay $15 million to Connecticut man who says its talc caused his cancer, jury finds
J&J must pay $15 million to Connecticut man who says its talc caused his cancer, jury finds
Oct 17, 2024
Oct 15 (Reuters) - Johnson & Johnson ( JNJ ) must pay $15 million to a Connecticut man who alleges that he developed mesothelioma, a rare form of cancer, as a result of using the company's talc powder for decades, a jury found on Tuesday. Plaintiff Evan Plotkin sued the company in 2021 soon after his diagnosis, saying he was...
Copyright 2023-2026 - www.financetom.com All Rights Reserved