SoftBank Completes $31 Billion Acquisition of ARM

'Roughly two months later, SoftBank announced today that it has completed its $31 billion acquisition of British chip designer ARM Holdings. The Verge reports: "SoftBank's purchase of ARM is the latest in a line of acquisitions in recent years for the Japanese company, including the $20 billion Sprint acquisition, and a $15 billion investment in Vodafone's Japanese division. ARM is well known for designing chips and licensing them to companies like Apple and Samsung, and ARM-designed chips dominate mobile computing in phones and tablets. 15 billion ARM-designed chips shipped last year alone, and around half of those were in mobile devices. SoftBank is expected to use the ARM deal to bolster its Internet of Things plans." ' -- source: https://news.slashdot.org/story/16/09/05/2215217 Cheers, Peter -- Peter Reutemann Dept. of Computer Science University of Waikato, NZ +64 (7) 858-5174 http://www.cms.waikato.ac.nz/~fracpete/ http://www.data-mining.co.nz/

On Tue, 6 Sep 2016 21:23:47 +1200, Peter Reutemann wrote:
'Roughly two months later, SoftBank announced today that it has completed its $31 billion acquisition of British chip designer ARM Holdings.'
An open letter on behalf of Japanese business warns that they might relocate their head offices out of the UK if its leaving the EU doesn’t work out for them <http://www.theregister.co.uk/2016/09/05/japan_brexit_warning_arm/>. Presumably this will have no implications for SoftBank...
participants (2)
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Lawrence D'Oliveiro
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Peter Reutemann