Arm-based server chipmaker Ampere files for IPO

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Ampere, a maker of Arm-based server chips, recently started the process of becoming a publicly traded company. The proposed initial public offering (IPO) must go through a review process by the United States Securities and Exchange Commission (SEC). The filing was filed with the SEC on a confidential basis, but Ampere shared an announcement about it, which is required as part of the process.

The server space is largely made up of x86 chips from companies such as Intel and AMD. Ampere provides Arm-based processors for servers, which promise better efficiency. Microsoft recently added preview support for Ampere Altra Arm-based processors, which are expected to offer “up to 50% better value for money than comparable x86 virtual machines,” according to Microsoft.

Ampère’s press release announcing the filing is relatively brief and lacking in detail:

Ampere Computing announced that it has submitted a draft registration statement on a confidential basis to the United States Securities and Exchange Commission (the “SEC”) for a proposed initial public offering of common stock. The number of shares to be offered and the price range of the proposed offer have not yet been determined. Ampere expects to complete the public offering following the SEC’s review process, subject to market and other conditions.

Although there are several competitors to Ampere in the server space, Ampere is the only company currently making commercial Arm-based processors for servers, according to Gartner’s Alan Priestly (via The Register). Intel and AMD server chips are based on x86.

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