The company has received takeover offers from multiple parties other than Intel, one of the people said. It has also fielded offers for an investment, which could be a preferable route, the person added.SiFive is seen as a potential rival to Arm, both companies license chip designs. Interest in SiFive spiked after NVIDIA announced its $40 billion deal to acquire Arm. The big lure of RISC-V is that it's cheaper and more accessible to customers than Arm.
Discussions are early, there’s no guarantee any deal will be reached, and SiFive may choose to remain independent.
SiFive was last valued at around $500 million when it raised funds in 2020, according to data provider PitchBook.
Intel paying $2 billion for RISC-V developer SiFive?
Posted on Friday, Jun 11 2021 @ 15:58 CEST by Thomas De Maesschalck