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
- 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
Arm technology is at the heart of a computing and data revolution that is transforming the way people live and businesses operate. Our energy-efficient processor designs and software platforms have enabled advanced computing in more than 190 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 at the forefront of designing, securing and managing all areas of AI-enhanced connected compute from the chip to the cloud.
All information is provided "as is" and without warranty or representation. This document may be shared freely, attributed and unmodified. Arm is a registered trademark of Arm Limited (or its subsidiaries). All brands or product names are the property of their respective holders. © 1995-2021 Arm Group.