SoftBank to buy UK’s Arm for £24.3bn : VIDEO


SoftBank to buy UK’s Arm for £24.3bn

Purchase of chip designer is a big bet by Masayoshi Son on the internet of things


Masayoshi Son, chairman of the Japanese group © Bloomberg


2 HOURS AGO by: FT reporters

Japan’s SoftBank has agreed to acquire Arm Holdings, the UK’s pre-eminent technology company, for £24.3bn in an enormous bet by the Japanese telecoms group that the smartphone chip designer will make it a leader in one of the next big tech markets, the internet of things.


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https://next.ft.com/content/235b1af4-4c7f-11e6-8172-e39ecd3b86fc




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