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July 18, 2016 06:22 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/NmYchO9j7S0/
Arm Holdings confirms Softbank is buying the chip designer for 24.3B in cash in big IoT move
In the wake of the historic Brexit vote and the fall of the Pound, the UK is now witnessing its biggest-ever technology exit. Today, Arm Holdings confirmedthat Japan’s Softbank Group has offered to pay 24.3 billion ($32 billion) in cash to acquire the company — known for its chip designs for mobile handsets (Apple is a customer) as well as for processors topower… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/NmYchO9j7S0/
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