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SoftBank to buy chip designer ARM for £24.3bn as it takes aim at Internet of Things

SoftBank to buy chip designer ARM as it takes aim at the Internet of Things  @steveranger

  • The UK’s largest tech company designs the chips powering 95 percent of smartphones.
  • ARM Holdings , the UK’s biggest technology company , which designs the chips used in billions of smartphones and other devices, is being bought by SoftBank for £24.3bn.
  • ARM has recently turned its attention to the Internet of Things, a growing market which will also require billions of the low-power chips that ARM specialises in.
  • He said ARM will remain an independent business within SoftBank, and continue to be headquartered in Cambridge.
  • 15 UK technology companies you need to know…

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@ZDNet: “SoftBank to buy chip designer ARM as it takes aim at the Internet of Things @steveranger”


The UK’s largest tech company designs the chips powering 95 percent of smartphones.


SoftBank to buy chip designer ARM for £24.3bn as it takes aim at Internet of Things

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