All the sessions from Transform 2021 are available on-demand now. Watch now.


Japan-based Softbank announced it has completed its takeover of ARM Holdings in one of the year’s biggest tech deals.

Announced back in July, the deal is Softbank’s biggest since it bought Sprint several years ago. Softbank is hoping to use the purchase of ARM, a British chipmaker, to leverage itself into the burgeoning field of Internet of Things devices and networks.

Softbank has said it will continue to operate ARM as a separate, independent company while doubling its headcount in the coming years to between 5,000 and 6,000 people. Based in Cambridge, U.K., ARM has become the popular choice for processors that run smartphones.

 

 

 

 

VentureBeat

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member