SoftBank buys ARM Holdings for 24 billion pounds
Last Monday, it was announced that ARM Holdings was acquired by SoftBank Group Corp [ Announcement ]. The amount of the transaction is 24 billion pounds. SoftBank is one of the largest Japanese companies in the field of telecommunications. Its assets include such well-known companies such as: Sprint, Yahoo! Japan.
SoftBank promises to keep ARM in its current form, making it an independent business. ARM is a global company headquartered in Cambridge, England. The total number of employees is 4064, of which 1600 are in the UK. One of the agreements of the transaction is to double the number of employees in the UK and increase the number of employees around the world within five years.
UK government backed the deal.
Official information on the transaction can be found at: www.acceleratingtech.com
SoftBank promises to keep ARM in its current form, making it an independent business. ARM is a global company headquartered in Cambridge, England. The total number of employees is 4064, of which 1600 are in the UK. One of the agreements of the transaction is to double the number of employees in the UK and increase the number of employees around the world within five years.
UK government backed the deal.
Official information on the transaction can be found at: www.acceleratingtech.com
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Source: https://habr.com/ru/post/396359/
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