Softbank owns ARM but is planning an IPO this year. After Softbank reported massive losses last year, its legendary founder Masayoshi Son said he was stepping d

Softbank owns ARM but is planning an IPO this year. After Softbank reported massive losses last year, its legendary founder Masayoshi Son said he was stepping down from Softbank operations to focus on “unleashing ARM’s potential”. This seems to be part of his profit drive.