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 on Wednesday.

”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.”

Intel CEO Pat Gelsinger said recently that he’d be interested in joining any consortium being put together to buy Arm,

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


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