SoftBank Group, a Japanese telecommunications company did a deal acquire ARM Holdings, the British semiconductor company that makes chips for use in the iPhone. Launch CNBC on Monday (7/18/2016), the deal is worth $ 32 billion.
This acquisition is an attempt to boost Softbank's presence on the internet of things (IOT). That network of physical devices planted in electronics, software, and network connectivity for collecting and exchanging data.
As an effort to improve the IOT, SoftBank will pay $ 17 for each share of ARM, 43% premium on Friday's closing price yesterday, and all the agreements in the form of cash.
Appropriate nickname embedded, ARM architecture for the digital world as a strategic choice for Softbank. "ARM will be a strategic choice for the SoftBank Group. We are investing to capture the significant opportunities in terms of the Internet of things, "said Chief Executive Officer of Softbank, Masayoshi Son as quoted by CNBC.
ARM acquisition by SoftBank is one of the largest takeover of technology businesses in Europe. ARM which stood since 1983 - initially supplier of desktop processors - known as the processor supplier to many digital companies including Apple and is now focused on semiconductor IOT burdensome. The IOT devices make it easier to use gadgets that connect to the smart home (smart home).
ARM, based in Cambridge, England, currently employs about 4,000 workers. And SoftBank said it would "preserve the ARM organization" includes the existing senior management team, brand, and work culture over the years. Not only that, SoftBank promised to ARM maintains headquarters in Cambridge and double the number of employees in the United Kingdom over the next five years. The agreement is based on the approval by the shareholders of ARM.
SoftBank agreement with ARM comes a few weeks after Britain left the European Union (Brexit), a move that many believed to be the impact on investment in technology in the UK.
SoftBank itself is not a foreign thing to make big investments. Over the years, they built itself into a giant telecommunications and internet world. The Japanese company has a majority ownership in the US mobile operator, Sprint and Yahoo Japan. They also invested in e-commerce China, Alibaba in 2000. And recently terlinat in funding taxi leading applications in China, Didi Chuxing worth USD4,5 billion.
SoftBank deal could open competition other technology giants to commit further similar acquisitions. "Step by SoftBank will make Apple and Google think if they want to do counterbid against other competitors, such as Imagination Tech, NVIDIA, CEVA or any other," said Director of Research at Counterpoint Research, Neil Shah told CNBC on Monday (7/18/2016) ,
Earlier this year, Apple confirmed it held talks takeover of the British company Imagination Technologies. Brother Sam giant company that wants to expand its stake in Imagination Tech.
This acquisition is an attempt to boost Softbank's presence on the internet of things (IOT). That network of physical devices planted in electronics, software, and network connectivity for collecting and exchanging data.
As an effort to improve the IOT, SoftBank will pay $ 17 for each share of ARM, 43% premium on Friday's closing price yesterday, and all the agreements in the form of cash.
Appropriate nickname embedded, ARM architecture for the digital world as a strategic choice for Softbank. "ARM will be a strategic choice for the SoftBank Group. We are investing to capture the significant opportunities in terms of the Internet of things, "said Chief Executive Officer of Softbank, Masayoshi Son as quoted by CNBC.
ARM acquisition by SoftBank is one of the largest takeover of technology businesses in Europe. ARM which stood since 1983 - initially supplier of desktop processors - known as the processor supplier to many digital companies including Apple and is now focused on semiconductor IOT burdensome. The IOT devices make it easier to use gadgets that connect to the smart home (smart home).
ARM, based in Cambridge, England, currently employs about 4,000 workers. And SoftBank said it would "preserve the ARM organization" includes the existing senior management team, brand, and work culture over the years. Not only that, SoftBank promised to ARM maintains headquarters in Cambridge and double the number of employees in the United Kingdom over the next five years. The agreement is based on the approval by the shareholders of ARM.
SoftBank agreement with ARM comes a few weeks after Britain left the European Union (Brexit), a move that many believed to be the impact on investment in technology in the UK.
SoftBank itself is not a foreign thing to make big investments. Over the years, they built itself into a giant telecommunications and internet world. The Japanese company has a majority ownership in the US mobile operator, Sprint and Yahoo Japan. They also invested in e-commerce China, Alibaba in 2000. And recently terlinat in funding taxi leading applications in China, Didi Chuxing worth USD4,5 billion.
SoftBank deal could open competition other technology giants to commit further similar acquisitions. "Step by SoftBank will make Apple and Google think if they want to do counterbid against other competitors, such as Imagination Tech, NVIDIA, CEVA or any other," said Director of Research at Counterpoint Research, Neil Shah told CNBC on Monday (7/18/2016) ,
Earlier this year, Apple confirmed it held talks takeover of the British company Imagination Technologies. Brother Sam giant company that wants to expand its stake in Imagination Tech.
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