The technology sector in general – and Apple suppliers in particular – have been buffeted by weaker-than-expected results from the Cupertino-based tech giant Tuesday. Arm's share price fell 3.75 percent when the market opened Wednesday morning.
The Cambridge, U.K., based company is a key supplier for Apple products including the iPhone 6, which has led to market rumors that it might be bought out.
How much cash does Apple have?
Segars told CNBC: "There are rumors all the time about us being acquired. But when you look at our business model… for any one company it's much less expensive for them to license our technology than to buy the whole company."
"Our value really is in the fact we are an independent company supporting an entire industry and building an ecosystem that means that support becomes very cost-effective. We strongly believe our business model is a great thing for the industry…and that an independent company is the right thing for Arm."
"If ever there is something to say to the market, we will," he added.