Arm (ARM) and Softbank reportedly said to have tried to buy Cerberas (CBRS) but were rejected, according to reports

The reported attempt by Arm and Softbank to acquire Cerberas, though rejected, highlights ongoing consolidation trends in the tech sector.

Newsquawk StaffPublished 13 May 2026, 15:45 UTCOn the live feed at 15:25 UTC — 7 more headlines followed before this page went public

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15:30

Fed's Collins (2028 voter) says she expects Fed will need to keep restrictive policy for some time but hopes economy will allow for more rate cuts later this year; Possible Fed will need to hike interest rates to cool inflation pressures.

15:30

European Closes: Euro Stoxx 50 +1.02% at 5,868, Dax 40 +0.61% at 24,102, FTSE 100 +0.58% at 10,325, CAC 40 +0.35% at 8,008, FTSE MIB +1.00% at 49,481, IBEX 35 +0.46% at 17,655, PSI +0.24% at 9,072, SMI +0.71% at 13,213, AEX +1.07% at 1,010

15:25

Arm (ARM) and Softbank reportedly said to have tried to buy Cerberas (CBRS) but were rejected, according to reports

15:20

US CENTCOM says American forces have redirected 67 commercial vessels (prev. 65 D/D), allowed 15 supporting humanitarian aid to pass, and disabled 4 to ensure compliance

15:00

Rivian (RIVN) CEO's robotics spinoff raises USD 400mln, WSJ reports

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Context

For investors, the focus will be on whether this failed bid indicates a shift in strategy for Arm and Softbank, potentially affecting their stock dynamics and influencing investor sentiment in related equities. Watch for any market reactions in tech shares that could ripple through the sector as details emerge.

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