SoftBank Group

SoftBank agrees to buy ARM for €29bn

Japan’s SoftBank Group has agreed to buy UK-based microchip company ARM Holdings for £24.3 billion (€29.1 billion). Under the deal, ARM will become a wholly-owned subsidiary of SoftBank – a telecoms and internet company that has operations spanning telecoms, e-commerce, internet and technology services. ARM’s technology and processors are found in a large number of devices […]