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ARM chipmaker to be bought for £24bn by Japan’s Softbank

July 18th, 2016 by Mark Daly in Industry News No Comments »
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UK technology firm ARM Holdings is to be bought by Japan’s Softbank for £24bn ($32bn) it confirmed on Monday. The board of ARM is expected to recommend shareholders accept the offer – which is around a 43% premium on its closing market value of £16.8bn on Friday. The Cambridge-based firm designs microchips used in most […]

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