Softbank To Buy Arm For $32 Billion

SoftBank Group agreed to buy ARM Holdings for 24.3 billion pounds ($32 billion), securing a slice of virtually every mobile computing gadget on the planet and future connected devices in the home.

Topics:  softbank group   arm holdings   billion   buy arm   
BING NEWS:
  • Why would Arm's owner want to buy a rival to AMD and Intel? I can think of one reason
    Softbank is apparently looking to buy Ampere Computing Japanese tech giant already owns Graphcore and Arm Experts say Softbank's ambition would be to rival global hyperscalers SoftBank, the majority ...
    01/19/2025 - 8:02 am | View Link
  • ARM Holdings PLC ADR (ARM): New Buy Recommendation for This Technology Giant
    In a report released today, Joseph Quatrochi from Wells Fargo maintained a Buy rating on ARM Holdings PLC ADR (ARM – Research Report), with a ...
    01/12/2025 - 10:36 pm | View Link
  • Report: SoftBank and Arm could acquire server chip provider Ampere
    SoftBank became a major chip industry player in 2016 when it paid $32 billion to buy Arm. It took the chip designer public in 2023 but retains a majority stake. U.K.-based Arm sells popular processor ...
    01/9/2025 - 11:03 am | View Link
  • How Arm Stock Gained 64% in 2024 -- and Why Feb. 6 Could Bring Its Next Big Move
    Shares of Arm Holdings (NASDAQ: ARM), the world's largest designer of architectures for central processing unit (CPU) chips, gained 64.2% in 2024. For context, the S&P 500 index and the tech-heavy ...
    01/9/2025 - 2:17 am | View Link
  • Chip Designer Arm Considers Acquiring Ampere Computing
    SoftBank Group Corp. and its majority-owned Arm Holdings Plc are exploring a deal for Ampere Computing LLC, according to people familiar with the matter.
    01/8/2025 - 10:49 pm | View Link
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