SoftBank and ARM

SoftBank Paid $32B to Buy ARM Holdings

Japan’s SoftBank acquired UK chip design company, ARM Holdings and paid $32B in cash. SoftBank is a multinational telecommunications and internet corporation focused on broadband, fixed-line telecommunications, e-commerce, the internet, technology services, finance, media and marketing, and other businesses.

ARM is a renowned semiconductor and software design company. ARM is also known as an innovator in the “Internet of Things” – technology is used in the vast majority of smartphones, for example.“It’s like a cake baker who doesn’t buy flour suppliers, but skips over them and buys the main producer of flour-making equipment,” Mr. Sheng said. He also said:”ARM will be an excellent strategic fit within the SoftBank group as we invest to capture the very significant opportunities provided by the ‘Internet of Things.”

SoftBank Previously acquired Ziff Davis, Supercell, Sprint, and eAccess. This deal seems like very lucrative for them in terms of the other deal they have been made. Strategic wise it was a right time to acquire a company in us right after Brexit .

SOFT BANK TOTAL  ACQUISITION : 6 [ Via Venture Pulse Data ]

DateAcquiredAmount
Jul 18, 2016ARM$32B
Oct 14, 2014DramaFever
Oct 21, 2013Supercell$1.5B
Oct 18, 2012Sprint
Oct 2, 2012eAccess$2.6B
Nov 9, 1995Ziff Davis$2.1B