ARM to be bought by Japan's Softbank
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SirDremor
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.
ender79
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
rl66
Labyrinth
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
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
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
jura11
Labyrinth
SirDremor
gUNN1993
airbud7
"The deal includes no visible cost-cutting, and SoftBank even pledged to increase the number of jobs in Britain. βThe independence aspect of the deal is very important,β said Simon Segars, ARMβs chief executive."
PrMinisterGR
HeavyHemi
https://upload.wikimedia.org/wikipedia/commons/thumb/c/ca/VY86C06020FC-2_02.jpg/360px-VY86C06020FC-2_02.jpg
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.
broke
any one knows if that means more funding for R&D
PhazeDelta1