ASUS PRIME X570 Pro review
ASUS ROG STRIX Scope keyboard review
GALAX GeForce RTX 2070 Super WTF review
ADATA Spectrix S40G 512GB NVMe M.2 SSD review
Red Dead Redemption 2: PC graphics performance benchmark review
XFX Radeon RX 5700 XT THICC III Ultra review
Promo: URcdkey Halloween sale Windows 10 Pro for 11$
Guru3D Rig of the Month - October 2019
MSI GeForce GTX 1660 SUPER GAMING X review
Gigabyte GTX 1660 SUPER GAMING OC review
ARM to be bought by Japan's Softbank
There's another massive take-over in technology land. It appears ARM has been purchased by softbank. UK technology firm ARM Holdings is to be bought by Japan's Softbank for $32bn it confirmed on Monday.
The board of ARM is expected to recommend shareholders accept the offer - which is around a 43% premium on its closing market value of £16.8bn on Friday.
The Cambridge-based firm designs microchips used in most smartphones, including Apple's and Samsung's. ARM, which was founded in 1990, employs more than 3,000 people. Shares in the UK technology firm surged by 45% at the open of the London Stock Exchange to 1,742.85p per share, adding £7.56bn to ARM's market value. ARM said it would keep its headquarters in Cambridge and that it would at least double the number of its staff over the next five years.
Softbank is one of the world's biggest technology companies and is run by its founder, Japanese entrepreneur Masayoshi Son.
It has previously acquired Vodafone's Japanese operations and the US telecoms company Sprint. The $20bn deal was the biggest foreign acquisition by a Japanese firm at the time. The new deal will be funded by Softbank's own cash reserves and a long term loan from Japan's Mizuho Bank.
It's hard to exaggerate just how important ARM is to the UK tech sector - and the shock many are feeling this morning at the news that it is about to lose its independence.
ender79
Senior Member
Posts: 124
Joined: 2016-04-30
Senior Member
Posts: 124
Joined: 2016-04-30
#5308149 Posted on: 07/18/2016 06:32 PM
ARM designed for decades low power device .ARM is the best implementation of RISC arhitecture and is worldwide available , not only in your Iphone , but in automotive , Navigation , GPS ,aeronautics , etc.... all are made by different types of ARM processor.
Is a big hit for UK ... and now they can really feel the effects of BREXIT
ARM designed for decades low power device .ARM is the best implementation of RISC arhitecture and is worldwide available , not only in your Iphone , but in automotive , Navigation , GPS ,aeronautics , etc.... all are made by different types of ARM processor.
Is a big hit for UK ... and now they can really feel the effects of BREXIT
rl66
Senior Member
Posts: 2169
Joined: 2007-05-31
Senior Member
Posts: 2169
Joined: 2007-05-31
#5308172 Posted on: 07/18/2016 06:56 PM
Am I the only one, who doesn't like ARM?
As such I am more than OK with them being sold, bought, killed off or whatever.
I do realize, their tech is powering our smartphones, but for me it is a bogus, the world would have been better had it gone with different tech.
when you go to versatile, low power need, high chip power... nothing can be compared to ARM
Even Intel have try to get close and have fail despite all it's money power.
For me it is OK, it's not good for UK but it look really good for the company... let's see what will born from that
Am I the only one, who doesn't like ARM?
As such I am more than OK with them being sold, bought, killed off or whatever.
I do realize, their tech is powering our smartphones, but for me it is a bogus, the world would have been better had it gone with different tech.
when you go to versatile, low power need, high chip power... nothing can be compared to ARM
Even Intel have try to get close and have fail despite all it's money power.
For me it is OK, it's not good for UK but it look really good for the company... let's see what will born from that
rl66
Senior Member
Posts: 2169
Joined: 2007-05-31
Senior Member
Posts: 2169
Joined: 2007-05-31
#5308173 Posted on: 07/18/2016 06:58 PM
lol i know what you might voted
Is a big hit for UK ... and now they can really feel the effects of BREXIT
lol i know what you might voted
Labyrinth
Senior Member
Posts: 4363
Joined: 2008-07-15
Senior Member
Posts: 4363
Joined: 2008-07-15
#5308227 Posted on: 07/18/2016 08:50 PM
Considering they wanted ARM before the Brexit, Softbank want ARM to remain in the UK and create more jobs, but hey that's a bad thing right?
Just like Cadburys, when they got bought out and the Americans moved the jobs to Poland and that was BEFORE any EU vote.
Considering they wanted ARM before the Brexit, Softbank want ARM to remain in the UK and create more jobs, but hey that's a bad thing right?
Just like Cadburys, when they got bought out and the Americans moved the jobs to Poland and that was BEFORE any EU vote.
Koniakki
Senior Member
Posts: 2843
Joined: 2009-09-15
Senior Member
Posts: 2843
Joined: 2009-09-15
#5308239 Posted on: 07/18/2016 09:10 PM
That deal is shady. Paying 43% premium(as reported at least) over closing market value, only shady things are the reason for it.
Tinfoil hat on: Like implementing microcode, backdoors, inside ARM processors, software etc etc.
And we are not talking premium as in a couple mil here. We are talking 11 DIGIT numbers.
Tinfoil hat off: I hope UK at least benefits in some way or another from it.
That deal is shady. Paying 43% premium(as reported at least) over closing market value, only shady things are the reason for it.
Tinfoil hat on: Like implementing microcode, backdoors, inside ARM processors, software etc etc.
And we are not talking premium as in a couple mil here. We are talking 11 DIGIT numbers.
Tinfoil hat off: I hope UK at least benefits in some way or another from it.
Stormyandcold
Senior Member
Posts: 5212
Joined: 2003-09-15
Senior Member
Posts: 5212
Joined: 2003-09-15
#5308251 Posted on: 07/18/2016 09:25 PM
Another company sold-off. Doesn't surprise me tbh. Brexit has nothing to do with this one, it's more pre-Brexit than post Brexit despite the deal being sealed on Brexit side.
Another company sold-off. Doesn't surprise me tbh. Brexit has nothing to do with this one, it's more pre-Brexit than post Brexit despite the deal being sealed on Brexit side.
lucidus
Senior Member
Posts: 11856
Joined: 2011-12-31
Senior Member
Posts: 11856
Joined: 2011-12-31
#5308262 Posted on: 07/18/2016 09:32 PM
That deal is shady. Paying 43% premium(as reported at least) over closing market value, only shady things are the reason for it.
Tinfoil hat on: Like implementing microcode, backdoors, inside ARM processors, software etc etc.
And we are not talking premium as in a couple mil here. We are talking 8 DIGIT numbers.
Tinfoil hat off: I hope UK at least benefits in some way or another from it.
It's Japan ... the worst thing a backdoor could do is our devices being secret transformers or something
That deal is shady. Paying 43% premium(as reported at least) over closing market value, only shady things are the reason for it.
Tinfoil hat on: Like implementing microcode, backdoors, inside ARM processors, software etc etc.
And we are not talking premium as in a couple mil here. We are talking 8 DIGIT numbers.
Tinfoil hat off: I hope UK at least benefits in some way or another from it.
It's Japan ... the worst thing a backdoor could do is our devices being secret transformers or something
jura11
Senior Member
Posts: 2030
Joined: 2015-03-20
Senior Member
Posts: 2030
Joined: 2015-03-20
#5308267 Posted on: 07/18/2016 09:39 PM
Considering they wanted ARM before the Brexit, Softbank want ARM to remain in the UK and create more jobs, but hey that's a bad thing right?
Just like Cadburys, when they got bought out and the Americans moved the jobs to Poland and that was BEFORE any EU vote.
Just wait few months,if they want to ARM to remain in the UK,for now they will as you are pointed out with Cardbury moving the jobs from UK to Poland or France etc
Thanks,Jura
Considering they wanted ARM before the Brexit, Softbank want ARM to remain in the UK and create more jobs, but hey that's a bad thing right?
Just like Cadburys, when they got bought out and the Americans moved the jobs to Poland and that was BEFORE any EU vote.
Just wait few months,if they want to ARM to remain in the UK,for now they will as you are pointed out with Cardbury moving the jobs from UK to Poland or France etc
Thanks,Jura
Labyrinth
Senior Member
Posts: 4363
Joined: 2008-07-15
Senior Member
Posts: 4363
Joined: 2008-07-15
#5308268 Posted on: 07/18/2016 09:47 PM
Just wait few months,if they want to ARM to remain in the UK,for now they will as you are pointed out with Cardbury moving the jobs from UK to Poland or France etc
Thanks,Jura
Cadbury said they were moving to Poland, Kraft said they'd keep Cadbury in the UK and then went back on it, ARM nor Softbank have said they are moving ARM out of the UK.
Just wait few months,if they want to ARM to remain in the UK,for now they will as you are pointed out with Cardbury moving the jobs from UK to Poland or France etc
Thanks,Jura
Cadbury said they were moving to Poland, Kraft said they'd keep Cadbury in the UK and then went back on it, ARM nor Softbank have said they are moving ARM out of the UK.
SirDremor
Senior Member
Posts: 586
Joined: 2008-06-20
Senior Member
Posts: 586
Joined: 2008-06-20
#5308269 Posted on: 07/18/2016 09:50 PM
when you go to versatile, low power need, high chip power... nothing can be compared to ARM
Even Intel have try to get close and have fail despite all it's money power.
For me it is OK, it's not good for UK but it look really good for the company... let's see what will born from that
Do you know this is a huge misconception? They have no power\performance advantage, not at all. True, it is a good technology, but that's it. As I already told - there are many good technologies and many much better technologies out there. If ARM disappears, I won't be sad.
when you go to versatile, low power need, high chip power... nothing can be compared to ARM
Even Intel have try to get close and have fail despite all it's money power.
For me it is OK, it's not good for UK but it look really good for the company... let's see what will born from that
Do you know this is a huge misconception? They have no power\performance advantage, not at all. True, it is a good technology, but that's it. As I already told - there are many good technologies and many much better technologies out there. If ARM disappears, I won't be sad.
gUNN1993
Senior Member
Posts: 255
Joined: 2013-11-21
Senior Member
Posts: 255
Joined: 2013-11-21
#5308327 Posted on: 07/18/2016 11:56 PM
Such as? You can't just go around saying there are better technologies out there and then not actually say what they are or even say why they are better.
If there's some technology out there that's somehow better than ARM in what quite frankly is a stagnant market I'd like to know what it is so I can invest in it, cos they'll either get bought for big bucks or make big bucks
Do you know this is a huge misconception? They have no power\performance advantage, not at all. True, it is a good technology, but that's it. As I already told - there are many good technologies and many much better technologies out there. If ARM disappears, I won't be sad.
Such as? You can't just go around saying there are better technologies out there and then not actually say what they are or even say why they are better.
If there's some technology out there that's somehow better than ARM in what quite frankly is a stagnant market I'd like to know what it is so I can invest in it, cos they'll either get bought for big bucks or make big bucks
airbud7
Senior Member
Posts: 7502
Joined: 2011-07-20
Senior Member
Posts: 7502
Joined: 2011-07-20
#5308337 Posted on: 07/19/2016 12:18 AM
"The deal includes no visible cost-cutting, and SoftBank even pledged to increase the number of jobs in Britain. “The independence aspect of the deal is very important,” said Simon Segars, ARM’s chief executive."
"The deal includes no visible cost-cutting, and SoftBank even pledged to increase the number of jobs in Britain. “The independence aspect of the deal is very important,” said Simon Segars, ARM’s chief executive."
PrMinisterGR
Senior Member
Posts: 7004
Joined: 2014-09-27
Senior Member
Posts: 7004
Joined: 2014-09-27
#5308341 Posted on: 07/19/2016 12:42 AM
Such as? You can't just go around saying there are better technologies out there and then not actually say what they are or even say why they are better.
If there's some technology out there that's somehow better than ARM in what quite frankly is a stagnant market I'd like to know what it is so I can invest in it, cos they'll either get bought for big bucks or make big bucks
He means the Intel Atom battery killers that even Intel stopped making. There is nothing else out there.
Such as? You can't just go around saying there are better technologies out there and then not actually say what they are or even say why they are better.
If there's some technology out there that's somehow better than ARM in what quite frankly is a stagnant market I'd like to know what it is so I can invest in it, cos they'll either get bought for big bucks or make big bucks
He means the Intel Atom battery killers that even Intel stopped making. There is nothing else out there.
HeavyHemi
Senior Member
Posts: 6277
Joined: 2008-10-27
Senior Member
Posts: 6277
Joined: 2008-10-27
#5308349 Posted on: 07/19/2016 01:08 AM
The good old days...I must have in one way or another been involved in the manufacture of millions of these devices and similar for VLSI.
He means the Intel Atom battery killers that even Intel stopped making. There is nothing else out there.
The good old days...I must have in one way or another been involved in the manufacture of millions of these devices and similar for VLSI.
Click here to post a comment for this news story on the message forum.
Senior Member
Posts: 586
Joined: 2008-06-20
Am I the only one, who doesn't like ARM?
As such I am more than OK with them being sold, bought, killed off or whatever.
I do realize, their tech is powering our smartphones, but for me it is a bogus, the world would have been better had it gone with different tech.