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Softbank boss Son says ARM is 'investment for the future'

2016-07-18 12:59:11| BBC News | Business | UK Edition

Softbank's acquisition of ARM is a long term strategic investment, its chief executive Masayoshi Son says.

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Softbank to acquire ARM for GBP 24.3 billion

2016-07-18 08:32:00| Telecompaper Headlines

(Telecompaper) Softbank has agreed to buy mobile chip designer ARM Holdings for GBP 24.3 billion. The offer of 1,700 pence per share is a premium of 63 percent on ARM's average share price in the past three months. The takeover is expected to significantly strengthen Softbank's position in the Internet of Things. SoftBank said it intends to maintain ARM's organisation based on the UK, including existing senior management, the brand and the partnership-based business model. The Japanese company also pledged to at least double the employee headcount in the UK over the next five years and also increase staff numbers at ARM outside the UK.

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Japan's Softbank to buy iPhone chip maker for 24bn

2016-07-18 08:31:33| BBC News | Business | UK Edition

Japan's Softbank is to buy ARM Holdings, one of the UK's biggest technology companies, for 24bn ($32bn) it has confirmed.

Tags: buy chip maker iphone

 

Softbank agrees 28.8bn acquisition of ARM

2016-07-18 02:00:00| Total Telecom industry news

Japanese telco says deal will drive adoption of mobile chip designer's intellectual property.

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SoftBank, Aeris launch IoT, telematics JV in Japan

2016-07-14 10:54:00| Telecompaper Headlines

(Telecompaper) SoftBank and Internet of Things (IoT) services provider Aeris have established a joint venture in Japan. Dubbed 'Aeris Japan', the joint venture company will provide IoT and telematics services globally using the Aeris IoT services platform.

Tags: japan launch aeris softbank

 

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