ARM Is Being Bought Out By Japan's SoftBank
Many news reports this morning are indicating that Japan's SoftBank is working out a deal to buy ARM Holdings and that a deal could be officially announced as soon as this morning.
Japan's SoftBank is said to be interested in buying out ARM for $31~32 billion (USD), or around a 40% premium over their share price on Friday. SoftBank would maintain ARM's headquarters in Cambridge (UK) and also expand their efforts there. More details are still coming to light.
While waiting for more information to come to light, you can find more details via NY Times and BBC.
Japan's SoftBank is said to be interested in buying out ARM for $31~32 billion (USD), or around a 40% premium over their share price on Friday. SoftBank would maintain ARM's headquarters in Cambridge (UK) and also expand their efforts there. More details are still coming to light.
While waiting for more information to come to light, you can find more details via NY Times and BBC.
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