ARM Holdings PLC bought for $32.2 billion by SoftBank Group Corp.
Posted: Mon Jul 18, 2016 1:19 pm
$32.2 billion cash deal make bold bet on internet of things machines that will transform the Japanese group. Components based on technology licensed by ARM are found in most of the world's smartphones. ARM stands to be central to the tech industry's shift to the 'internet of things' - a network of devices, vehicles and building sensors that collect and exchange data - a stated focus for SoftBank founder Masayoshi Son.
http://www.iot-tech.dev/full.php?ar=55
http://www.iot-tech.dev/full.php?ar=55