Softbank To Buy ARM For $32.34B


By Ed Sperling & Ann Steffora Mutschler Japan's Softbank will acquire ARM for $32.34 billion, according to an agreement made public this morning. The deal has the backing of ARM's board of directors, which unanimously will recommend ARM shareholders approve it, according to a company statement. Under the terms of the deal, Softbank will at least double employee headcount in the United... » read more

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