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ARM to be bought for 24 billion pounds

ARM to be bought for 24 billion pounds

ARM to be bought for 24 billion pounds

ARM to be bought for £24 billion

 

The UK-based mobile CPU maker ARM is to be bought by Japan's Softbank for £24 billion, $32 Billion, which is around 43% higher than the companies closing market value last Friday. 

ARM is one of the world's leading semiconductor companies, designing the highly efficient and scalable ARM CPUs that can be found in almost every modern tablet or mobile phone. Right now over 60 Billion ARM-based chips have been shipped and over 300 companies have licensed their technology, allowing the company to earn a lot of money over the past few years through royalties. 

The board of ARM is expected to recommend that shareholders accept the offer from Japan's Softbank, with the company stating that they will keep their HQ in Cambridge and should be able to double their staff over the next 5 years. 

 

ARM to be bought for 24 billion pounds  

Right now it looks like Softbank intends to preserve the UK tech firm's organisational structure and maintain the business' existing partnership-based business model, hopefully meaning that the sale will not negatively affect the UK's technology sector. 

 

You can join the discussion on ARM's potential sale to SoftBank on the OC3D Forums

 

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Most Recent Comments

18-07-2016, 04:59:55

SuB
You'd think they'd have gone for the price in dollars right now... hmmQuote

18-07-2016, 05:19:21

NeverBackDown
Don't know if they should sell. They have immense potential in IOT growing market. They would become far more profitable and worth far more than what they are selling for.Quote

18-07-2016, 06:42:48

Kushiro
OR just cash in and enjoy. Who wants to work.Quote

18-07-2016, 13:48:38

NeverBackDown
Quote:
Originally Posted by Kushiro View Post
OR just cash in and enjoy. Who wants to work.
They won't get all that money. But still a lot(more than anyone here will ever see lol). But they could have made so much more if they stuck around another say 5 years and easily made more than that. But I think that not working factor had a play here.. On a personal level I totally understand. But business perspective eh it's a great offer and won't get anything more than that now but again 5 years from now they could have earned a lot moreQuote

18-07-2016, 23:49:57

Kushiro
Ofc not.Quote
Reply
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