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The number one trait of successful entrepreneurs, SoftBank is investing, the “store of the future,” Jeff Bezos’s annual letter, and more startup news! Full Show Notes Visit http://securityweekly.com/category/ssw/ for all the latest episodes! http://traffic.libsyn.com/sswaudio/Startup_Security_Weekly__36_-_News_converted.mp3 Continue reading News – Startup Security Weekly #36
One of the biggest tech deals this year — and the biggest ever in the UK — has now closed. Today, Softbank announced that it has completed its acquisition of ARM Holdings, the semiconductor firm that it announced that it would acquire for £24 billion (around $32 billion in today’s currency, $31 billion at the time of the deal) in July, in order to make a big jump into IoT. As… Read More Continue reading Softbank has completed its £24B cash acquisition of ARM Holdings
Although the initial shock may have worn off, the long term implications Monday’s controversial buyout offer for British technology firm ARM, by the Japanese giant SoftBank, are still unclear. Continue reading Why ARM’s Sale to SoftBank Could Fund a New ‘PayPal Mafia’
Japanese telecommunication giant SoftBank has confirmed that the company intends to acquire UK chip designer ARM Holdings for almost $32 Billion (£24.3 Billion) in an all-cash deal.
ARM has also agreed to this offer from SoftBank and said that its board would recommend the all-cash deal to shareholders.
SoftBank will pay nearly $22.5 per ARM share, which is 43 percent more than ARM’s closing
Continue reading Japan’s Softbank buys semiconductor giant ARM for $32 Billion in Cash
$32 billion USD doesn’t buy as much as it used to. Unless you convert it into British Pounds, battered by the UK’s decision to leave the European Union, and make an offer for ARM Holdings. In that case, it will buy you our favorite fabless chip-design company.
The company putting up 32 Really Big Ones is Japan’s SoftBank, a diversified technology conglomerate. SoftBank is most visible as a mobile phone operator in Japan, but their business strategy lately has been latching on to emerging technology and making very good investments. (With the notable exception of purchasing the US’s Sprint Telecom, …read more
