Not Only Sell The 51% Shares Of Arm China! Arm China Joint Venture Or A Shares This Year

Abstract: Arm will sell a 51% stake in Arm China company for $775 million 200 thousand to the consortium led by Hou an innovation fund. At the same time, it is reported that Arm China joint venture plans to carry out IPO in China, and will soon enter the domestic A share market this year.

Arm, a British chip maker under the flag of Softbank, will sell Arm China's 51% stake to a local investor's consortium, a micronet reported yesterday (June 5th). It is reported that the transaction will be completed in June, including the completion of applications, registration and other conditions.

In addition, Arm will form a joint venture with the consortium to jointly operate Arm's semiconductor technology business in China.

It is reported that the consortium led by Hou an innovation fund is the consortium of these investors. Hou an innovation fund is a fund jointly managed by Arm and China's Private Equity Firm Magnolia fund.

In January 24, 2017, CIC, silk road fund, Temasek, Shenzhen deep industry group, Magnolia investment and Arm co sponsored the official launch of the yuan an innovation fund in Beijing, with a scale of $800 million. It is understood that Hou an innovation fund is managed by the leading semiconductor intellectual property provider Arm and Magnolia investment and settled in Shenzhen. The fund will combine Arm's global industrial ecosystem and focus on investing potential technology companies in many key areas, such as mobile Internet, Internet of things, artificial intelligence, etc.

In fact, Arm company has been seeking joint venture in China last year and has consulted the Arm China team. According to the analysts, the other side's attitude was "hoping to form a more deeper mode of cooperation," and also planned to set up a fund company in China to invest in Chinese companies.

In May 14, 2017, Arm signed a memorandum of cooperation with China thick innovation fund in Beijing. It plans to establish a joint venture in Shenzhen. The company intends to build an important domestic IP development and service platform controlled by China.

At the signing ceremony, the director of the director of the fund of Magnolia magnolia, thick an innovation fund, said that after the founding of the fund in January 2017, it was discussed with the soft silver group and Arm many times and reached an agreement in Japan in April 12, 2017. The agreement was supported by the national development and Reform Commission and the Shenzhen municipal government.

The microgrid has reported that the joint venture company will be named "Arm Mini China". It is understood that the Arm China joint venture has just started operation. In addition, there is also news that Arm China joint venture plans to carry out IPO in China, and will soon enter the domestic A share market this year.

According to a statement from Softbank in June 5th, as many as 95% of the chips designed in China (2017) are based on Arm technology and China's business accounts for 20% of Arm's total revenue. Softbank also plans to sell 25% of its equity to Vision Fund, a $100 billion investment fund in Saudi Arabia, after acquiring Arm two years ago. (proofreading / MAU)