SoftBank Group has lined up some of Arm's biggest customers as strategic investors for the chip company’s initial public offering, including Apple, Nvidia, Intel and Samsung Electronics, according to people familiar with the situation.
The investors also include Advanced Micro Devices, Cadence Design Systems, Alphabet Inc.’s Google, Synopsys, among others, said the people, who asked not to identified because the details haven’t been announced.
SoftBank has been in discussions with Arm customers and partners for months, but the plans are just being finalized now. Still, the specifics could change as the company gets closer to the IPO, which is expected to have its investor roadshow underway by next week.