# SK hynix in talks to jointly acquire Arm from SoftBank

SK hynix is in talks with other corporations to jointly invest in and acquire Arm from SoftBank. The co-CEO confirmed the discussions but declined to name partners.

- Type: Acquisition
- Announced: 2022-03-30
- Where: Cambridge, England, United Kingdom
- Status: rumored
- Products: chip designs
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SK Hynix](https://endata.com/companies/2769.md) (acquirer)
- [Arm](https://endata.com/companies/15433.md) (target)
- [SoftBank Group](https://endata.com/companies/15862.md) (partner)

## Sources

- [koreajoongangdaily.com](https://www.koreajoongangdaily.com/business/sk-hynix-in-talks-with-others-to-jointly-buy-arm-from-softbank/11834632), 2022-03-30: "It is currently in talks with other corporations to jointly invest into Arm for the acquisition"
- [kedglobal.com](https://www.kedglobal.com/us/mergers-acquisitions/newsView/ked202203300010), 2022-03-30: "We're considering acquiring it in a consortium with (other) strategic investors."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.