Japan’s SoftBank Group Corp set to buy British chip designer ARM Holdings PLC

Q.  Japan’s Softbank Group Corp is set to buy which company for USD 32 billion?
- Published on 19 Jul 16

a. ARM Holdings PLC
b. ATM Holdings PLC
c. ABM Holdings PLC
d. None of the above

ANSWER: ARM Holdings PLC
 
Japan’s SoftBank Group Corp is set to purchase British chip designer ARM Holdings PLC for USD 32 billion.
  • ARM is a valuable tech company listed in London and is a mobile processing major.
  • It has processor and graphics technology used by Samsung, Huaweu and Apple in the in-house designed microchips.
  • Deal is the largest for SoftBank and one of the largest in the European technology industry.

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