Friday , 17 August 2018

Home » RESOURCES » MARKET » ​Softbank to invest in ARM Holdings

​Softbank to invest in ARM Holdings

Japan’s Softbank Group Inc. is all set to close its biggest deal as it intends to buy ARM Holdings Plc., a software design company based in England, for $32 billion.

ARM has been known to supply 95 percent of designs in smartphones and is now advancing into the automotive industry and trying on chip designs. The Japanese bank is also buying the company using British currency, which declined tremendously after Brexit.

Softbank, who had been considering to buy ARM even before Brexit, will offer 17 pounds with each share of the company and have part of its profit.
The material has been provided by InstaForex Company – www.instaforex.com

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

​Softbank to invest in ARM Holdings Reviewed by on . Japan's Softbank Group Inc. is all set to close its biggest deal as it intends to buy ARM Holdings Plc., a software design company based in England, for $32 bil Japan's Softbank Group Inc. is all set to close its biggest deal as it intends to buy ARM Holdings Plc., a software design company based in England, for $32 bil Rating:
scroll to top