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Oracle-Backed Chipmaker Ampere Explores Potential Sale
- Ampere has been working with an adviser amid takeover interest
- Firm valued at $8 billion before 2022 confidential IPO filing
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Ampere Computing LLC, the semiconductor startup backed by Larry Ellison’s Oracle Corp., is exploring a potential sale, according to people with knowledge of the matter.
The chip designer has been working with a financial adviser in recent months to help field takeover interest, said the people, who asked not to be identified discussing private information. Santa Clara, California-based Ampere is open to talks with a larger industry player about a possible transaction, the people said.