SoftBank to acquire ARM, get leg up on IoT

[IdOp]

Originally Posted by Reuters

SoftBank Group Corp. has agreed to buy UK chip designer ARM Holdings PLC in a 24.3 billion pound ($32.2 billion) cash deal, ...

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[rons]

Seems the Softbank shareholders haven't been convinced of the goodness of the deal yet. Remains to be seen if it'll be approved. Some people think this will boost the price of ARM IP related product though, because of the ROI expected, and the increased financial leverage used by the purchasers.

I guess I need to stock up on Pis while they're still cheap!