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Report: Intel latches onto Arm IPO

Paul van Gerven
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Intel is considering becoming an anchor investor in Arm’s IPO, several media outlets report. Anchor investors are companies or institutions that purchase shares ahead of the public offering. This helps generate interest and attract other investors to the IPO.

It’s unclear if the investment has any bearing on Intel’s commercial relationship with the British chip designer. As Intel prepares to open up its fabs to external customers, both companies recently announced an agreement to optimize Intel’s manufacturing processes for Arm’s IP. An anchor investment might serve to underline Intel’s commitment to manufacturing non-x86 designs.

Arm aims to sell its shares later this year, hoping to raise 8-10 billion dollars. The company is also courting other companies to serve as anchor investors, reports suggest.

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