The Cornerstone of IoT: SoftBank Acquires ARM Holdings for $32 Billion
In August 2016, SoftBank Group announced the acquisition of UK chip design company ARM Holdings for $32 billion in cash. ARM's chip architecture is the core of the vast majority of smartphones globally (including both Apple and Android devices).
BUSINESSES RESHAPING OUR WORLD
global n press
8/31/20161 min read
In August 2016, SoftBank Group announced the acquisition of UK chip design company ARM Holdings for $32 billion in cash. ARM's chip architecture is the core of the vast majority of smartphones globally (including both Apple and Android devices). Masayoshi Son identified ARM as the "cornerstone" of the Internet of Things (IoT) era.
This massive transaction was one of SoftBank's most strategically significant moves as a global investment firm betting on future industries and technology, aiming to secure its core influence in the next generation of computing platforms, from mobile to billions of connected devices.
