ARM Is Being Bought Out By Japan's SoftBank
Written by Michael Larabel in Arm on 18 July 2016 at 07:09 AM EDT. 32 Comments
ARM --
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.
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Michael Larabel is the principal author of Phoronix.com and founded the site in 2004 with a focus on enriching the Linux hardware experience. Michael has written more than 10,000 articles covering the state of Linux hardware support, Linux performance, graphics drivers, and other topics. Michael is also the lead developer of the Phoronix Test Suite, Phoromatic, and OpenBenchmarking.org automated benchmarking software. He can be followed via Twitter or contacted via MichaelLarabel.com.

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