SK Hynix pondering of consortium to get Arm

Arm is looking like a ripe takeover focus on. South Korean reminiscence chipmaker SK Hynix is weighing up no matter whether or not to kind a consortium of buyers to get the British firm.

In accordance to Yonhap information company (opens in new tab) (via Yahoo Finance (opens in new tab)) Park Jung-ho, vice chairman and CEO of SK Hynix is quoted as stating: “We’re reviewing most likely forming a consortium, alongside each other with strategic companions, to collectively get hold of it,” He adopted up by saying “I do not assume Arm is a company that could possibly be purchased by an individual firm.” The evaluations got here following the corporate’s annual normal shareholders assembly.

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