ARM CEO Simon Segars Joins SoftBank Group Board of Directors
ARM Holdings plc today announced that CEO Simon Segars’ appointment to the SoftBank Group Corp. (SBG) Board of Directors was formally approved at SBG’s 37th Annual General Meeting of Shareholders held today in Tokyo.
SBG earlier announced new board candidates to strengthen corporate governance and accelerate growth. Mr. Segars’ appointment comes following SoftBank’s historic 2016 acquisition of ARM for US$32 billion.
“I’m honored to join the SoftBank Board at this exciting next stage of innovation,” said Segars. “In the same way it transformed mobile computing from chip to cloud and all points in between, ARM shapes the smart, connected world of IOT across a common platform. This is at the heart of the SoftBank vision and I look forward to working with the team to make it a reality.”
More information on SBG’s 37th Annual General Meeting of Shareholders can be found here.
About SoftBank Group
The SoftBank Group is a global technology player that aspires to drive the Information Revolution. The SoftBank Group is comprised of the holding company SoftBank Group Corp. (TOKYO: 9984) and its global portfolio of companies, which includes advanced telecommunications, Internet services, AI, smart robotics, IoT and clean energy technology providers. In September 2016, ARM Holdings plc, the world's leading semiconductor IP company, joined the SoftBank Group. To learn more, please visit www.softbank.com.
Arm technology is at the heart of a computing and data revolution that is transforming the way people live and businesses operate. Our advanced, energy-efficient processor designs have enabled intelligent computing in more than 165 billion chips and our technologies now securely power products from the sensor to the smartphone and the supercomputer. In combination with our IoT device, connectivity and data management platform, we are also enabling customers with powerful and actionable business insights that are generating new value from their connected devices and data. Together with 1,000+ technology partners we are at the forefront of designing, securing and managing all areas of compute from the chip to the cloud.
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