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Arm and SoftBank's Cerebras acquisition bid rejected before IPO

Arm and SoftBank made a preliminary acquisition approach to Cerebras Systems weeks before its expected IPO, which Cerebras rejected.

May 13 · 17:45:02 · primary fetch1 sourceupdated May 13 · 17:45:02

Bloomberg: Sources: Arm and SoftBank expressed preliminary interest in acquiring Cerebras weeks before its expected IPO; Cerebras rebuffed them — Arm Holdings Plc and its majority owner SoftBank Group Corp.

made an approach to acquire Cerebras Systems Inc., the AI computing firm …

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techmeme.comSources: Arm and SoftBank expressed preliminary interest in acquiring Cerebras weeks before its expected IPO; Cerebras rebuffed them (Bloomberg)primary17:45:02