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ARM Holdings Shares Jump 47% On $32 Billion SoftBank Deal
18 Jul 2016, 01:28 PM IST i

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ARM Holding's acquisition will be SoftBank's biggest deal
ARM Holdings PLC shares jumped 47 per cent on Monday, following news that the British chip designer will be acquired by Japan's SoftBank Group for around $32 billion. The deal could be one of the largest in European technology space to date and SoftBank's largest ever.
ARM, the most valuable tech company listed in London, has a major presence in mobile processing, with its processor and graphics technology used by Samsung, Huawei an...
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