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Comment by acomjean | Hacker News Reader

Kinda Galling when Arm walked away with over 1.25 billion dollars after the Nvidia deal collapsed. that pays a lot of salaries.

https://www.theregister.com/2022/02/08/arm_cancels_sale_to_n...

"Under the terms and conditions agreed by the companies, SoftBank Group will retain the fee of $1.25bn paid by Nvidia (this will be recorded as a profit in its fourth quarter) and Nvidia will keep hold of its 20-year Arm licence."

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Well, Arm did not walk away with that fee, Softbank did - that money was never going to enter the company even if the deal went through.

Good point. Though if I own an asset that made me over a billion dollars for basically doing nothing, I might consider reinvesting at least some of it...

Softbank doesn't want to invest in ARM. That's why they are trying to sell it.

There's always a lot of disconnect between folks talking about how the world should work and how it does work. Seldom does switching between those modes leading to productive conversations.

Sure, but not necessarily in that asset. Softbank had sufficient money available to invest already before that, they just chose not to; and if it was not worthwhile to invest in expanding ARM before that deal, it most likely was not worthwhile after it failed and they will invest that billion in something they consider more profitable.

Great outcome for SoftBank

Better outcome would have been the deal went through

The quoted section says that _SoftBank_ will retain the fee, not ARM?

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