Chip Startup Eliyan Draws Acquisition Interest at Reported $3B Target Valuation

The reported interest in Eliyan sits at the intersection of two live themes: hyperscaler demand for faster chip-to-chip interconnects, and Arm's push to deepen its position in the data-center supply chain. An acquisition would matter less as a standalone exit than as a signal that connectivity IP is being valued as strategic infrastructure rather than a niche component. Whether the talks progress, and whether other suitors surface, is the open question.