Networking startup Eliyan draws takeover interest, held early talks with Arm

Eliyan, a five-year-old startup whose technology speeds up chip-to-chip communication in AI systems, has received a takeover bid. Valued at $1 billion in July, it is likely aiming for a $3 billion valuation. SoftBank-owned Arm, an existing investor, held early talks but did not make a bid.

• Eliyan was valued at $1 billion in July 2026
• The startup is likely targeting a $3 billion valuation
• Arm held early talks but did not make a bid
• Eliyan has worked with an investment bank since the summer