Softbank buys UK's Arm Holdings
SoftBank, the Japanese telecoms giant, has agreed to buy UK-based chip designer Arm in a deal worth more than $32bn. It's an enormous bet that the UK smartphone chip designer will make Softbankit a leader in one of the next big markets, the “inte...
FT News in Focus · Financial Times
July 18, 20167m 27s
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Show Notes
SoftBank, the Japanese telecoms giant, has agreed to buy UK-based chip designer Arm Holdings in a deal worth more than $32bn. It's an enormous bet by chief executive Masayoshi Son that the UK company will make Softbank a leader in one of the next big markets, the “internet of things”. Chris Nuttall discusses the timing of the deal and what it means for both companies with Arash Massoudi, who covers mergers for the FT and Richard Waters, West Coast Editor. Picture credit: Charlie Bibby
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