Softbank buys ARM
 

This paywalled article in the WSJ http://www.wsj.com/articles/softbank...ion-1468808434 reports that Softbank, owner of Sprint among other things, has bought UK based ARM, whose processor designs are used everywhere in everything from N900s to iPhones

Re: Softbank buys ARM
 

Anything below the 2000p range is an absolute steal. With IOT, Servers & Apple likely shifting wholesale (save Mac Pros) to ARM in the medium term, I wouldn't have been surprised to see their price hit £30-35 in 3-4 years, especially with weak Sterling and most of their revenue being $ based.

Don't believe for a minute that they'll "double jobs at the UK operation".

ARM's an IP licensing company ... Softbank will milk it for a bit, then sell it to a Japanese tech company for more than twice the price, who will offshore almost everything back to Japan eventually.

Re: Softbank buys ARM
 

Softbank is a Japanese tech company - -so they may have accomplished step two already.

Re: Softbank buys ARM
 

ohh the brexit.
Given current currency drop, they pay ~30% less then they would have to some weeks ago. Clever move.

Re: Softbank buys ARM
 

But still... 32GEur it is a huge investment... It's like five times what M$ paid for the Nokia devices division.
Softbank sure has deep pockets. :p

Re: Softbank buys ARM
 

They sure do. A few years back they paid $22 Billion for a l'il ol' Kansas telephone company.

Or at least their banks have deep pockets.

Re: Softbank buys ARM
 

Softbank sold $Billions of Alibaba shares recently, that should go some way towards the Arm purchase.