Recommended Acquisition of ARM Holdings plc by Softbank Group Corp.
SoftBank + ARM £24.4bn investment in future of technology
Two companies with a shared vision of pushing the limits of technology coming together to accelerate ARM's leadership in technologies for the future undertakes to double ARM headcount in the UK over the next five years and increase headcount outside the UK
Key facts
- SoftBank's £17 offer price gives ARM shareholders a 43% premium on closing share price on 15th July 2016 and a 41.1% premium on the all-time high share price
- Undertakes to double ARM's UK headcount in the next five years and increase headcount outside the UK
- Leaves ARM's successful partnership business model, culture and brand unchanged
- Great endorsement of UK tech
Read the details of the ARM Softbank - Rule 2.7 Announcement
About Arm
Arm technology is defining the future of computing. Our energy-efficient processor designs and software platforms have enabled advanced computing in more than 250 billion chips and our technologies securely power products from the sensor to the smartphone and the supercomputer. Together with 1,000+ technology partners, we are enabling artificial intelligence to work everywhere, and in cybersecurity, we are delivering the foundation for trust in the digital world – from chip to cloud. The future is being built on Arm.
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