ARM was targeted by SK Hynix.

$NVIDIA(NVDA.US)$ Park Jung-ho, co-CEO and vice chairman of South Korean chip manufacturing giant SK Hynix, said that it is considering setting up a consortium to jointly acquire $Armada Mercantile Ltd(ARM.CA)$ , a chip design company under Japan’s SoftBank Group.

I don't think ARM is a company that can be acquired by another company alone.K Hynix added that the comments were related to a news investigation after the company's annual shareholder meeting, But no specific plans were mentioned.