# SK Hynix will not jointly acquire ARM

SK Hynix announced it will not jointly acquire ARM, despite previously reviewing strategic options including a joint acquisition. The company cited the high asking price as a reason for abandoning the plan.

- Type: Acquisition
- Announced: 2022-11-07
- Status: cancelled
- Products: semiconductor design (ARM)
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SK Hynix](https://endata.com/companies/2769.md)
- [Arm](https://endata.com/companies/15433.md) (target)

## Sources

- [perceptive-ic.com](https://www.perceptive-ic.com/news-detailed/SK-Hynix%3A-Will-not-jointly-acquire-ARM), 2022-11-07: "SK Hynix responded to the acquisition of ARM rumors: it is studying a variety of strategic plans, but has not yet advanced the joint acquisition."

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