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ARM CEO: “merging with NVIDIA is better than going public”




Simon Segars, CEO of ARM, the largest semiconductor manufacturer, wrote the following on his blog:

We thought about an IPO, but decided that the pressure to deliver short-term revenue growth and profitability would limit our ability to invest, expand, move quickly and innovate.

He is convinced that the merger with NVIDIA will give the company the scale, resources, and flexibility it needs to maximize opportunities.

Last week, the CEO of processor company Qualcomm said he is willing to invest in ARM if it goes public and the NVIDIA deal fails.




HELEN HERNANDEZ
Helen Hernandez is our best writer. Helen writes about social news and celebrity gossip. She loves watching movies since childhood. Email: [email protected] Phone : +1 281-333-2229

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