Apple, Samsung to invest in SoftBank’s Arm at IPO in Sept: Report

Apple and Samsung to invest in SoftBank’s Arm at IPO -Nikkei (Adds Samsung did not have an immediate comment, while Apple, Nvidia and Intel did not immediately respond in paragraph 6.) TOKYO, Aug 8 (Reuters) –

Apple and Samsung Electronics will invest in SoftBank Group -owned chip designer Arm at its initial public offering (IPO), expected in September, Japan’s Nikkei newspaper reported on Tuesday.

Reuters reported in June that Arm was in talks with some ten companies – including Apple, Samsung and Intel – with the aim of bringing on one or more anchor investors in the offering.