Softbank Acquires ARM for $32 Billion

[btarunr]

Japanese conglomerate Softbank acquired British CPU architecture designer ARM in a USD $32 billion deal on Monday. Softbank's bid of $32 billion is a 43 percent premium over ARM's current valuation of $22.3 billion, and the Cambridge-based firm will recommend its shareholders to approve of its acquisition. Shares of ARM surged 45% on the LSE, adding £7.56 billion to its market value. The company reported revenues of $1.49 billion in 2015. ARM founder Herman Hauser, however, isn't happy with the board's decision. "This is a sad day for me and a sad day for technology in Britain," he stated.

ARM designs CPU architectures, which it then licenses to other processor and SoC manufacturers, many of which are fabless themselves, making it an intellectual property giant. None of ARM's products are "tangible" or physical. While Intel, for example, designs CPU architectures (eg: x86), implements it (eg: Core i7, Celeron), and manufactures it (at its Costa Rica and Malaysia fabs) ARM's product is not tangible. It has a CPU architecture, which clients such as Samsung, Huawei, and Qualcomm license, implement (eg: Exynos, Kylin, Snapdragon), and contract-manufacture, through fabs such as GlobalFoundries, TSMC, and ST Microelectronics.



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[yogurt_21]

wow, that's significant. So who is softbank? Do they want to take over the world?

 

[Lionheart]

Holy shit is all I can think of

 

[yogurt_21]

holy cow google better watch its back, these guys are growth monsters and own something in nearly every tech industry.

 

[G33k2Fr34k]

The deindustrialization of Britain is complete now. You can thank the leftists and the Labour party for that.

 

[ZoneDymo]

The deindustrialization of Britain is complete now. You can thank the leftists and the Labour party for that.

lol

 

[CAPSLOCKSTUCK]

The deindustrialization of Britain is complete now. You can thank the leftists and the Labour party for that.

Its a vote of confidence in the future of the UK post Brexit.


It was the Tory party that deindustrialized the UK...........remember Maggie?

 

[Captain_Tom]

Its a vote of confidence in the future of the UK post Brexit.


It was the Tory party that deindustrialized the UK...........remember Maggie?

Isn't it funny? Ultra-conservatives the world over somehow think it is the left that sent jobs overseas when the opposite is true...

 

[natr0n]

If anyones played wipeout on sega saturn you'll see softbank in the intro 18 seconds in.

 

[erocker]

Isn't it funny? Ultra-conservatives the world over somehow think it is the left that sent jobs overseas when the opposite is true...

What's funny is they both did. At least in my country. The greatest denominator being money of course.

 

[john_]

Softbank
Hardinvestments ???

 

[Recon-UK]

Its a vote of confidence in the future of the UK post Brexit.


It was the Tory party that deindustrialized the UK...........remember Maggie?

This, also this is now a thread about the UK.

 

[G33k2Fr34k]

This, also this is now a thread about the UK.

Damn right.

 

[$ReaPeR$]

i wander who stands to gain from this acquisition.

 

[Fluffmeister]

I'm honestly surprised it hasn't happened sooner, a British success story for sure.

 

[AsRock]

Its a vote of confidence in the future of the UK post Brexit.


It was the Tory party that deindustrialized the UK...........remember Maggie?

Remember, ooh remember only to well.

But she did do it her way HA!

I'm honestly surprised it hasn't happened sooner, a British success story for sure.

Like the US, every things going over sea's. And yes i thought it might be sooner and by some one else more known to the public eye.

 

[DeathtoGnomes]

i wander who stands to gain from this acquisition.

Anyone who owned stocks in ARM before this, who else? Stocks jumped $19 bucks, a bit shy of doubling your money.

 

[Prima.Vera]

wow, that's significant. So who is softbank? Do they want to take over the world?

Softbank is the biggest and shittiest mobile services provider in Japan. Very expensive, very crappy or none existing services for English speakers, they overly charge supplemental costs for god knows what, swear never to go with them again. Also they keep all they phones locked to Japan only. Happy user of Docomo and never looked back since.

 

[btarunr]

i wander who stands to gain from this acquisition.

The Japanese. After a big slump over the past couple of decades, Japanese conglomerates are buying up all of the world's "cutting-edge" companies which will matter in this century (eg: acquisition of Westinghouse, which makes nuclear reactors, and is close to developing a Thorium reactor).

 

[Dragonsmonk]

Its a vote of confidence in the future of the UK post Brexit.

The only confidence that is happening at this point is that most companies looking into leaving Britain and moving to other EU countries to have their offices in.

Britain was the laughing stock when it voted to leave as many knew that the right-wing won its scare tactics of "them bad foreigners take our jobs!".

The only interesting part is how Scotland and Nothern Ireland will vote... If they also leave the UK - England will be completely... well... screwed.

 

[CAPSLOCKSTUCK]

The only confidence that is happening at this point is that most companies looking into leaving Britain and moving to other EU countries to have their offices in.

Ridiculous.

Britain was the laughing stock when it voted to leave as many knew that the right-wing won its scare tactics of "them bad foreigners take our jobs!".

Wrong.

The only interesting part is how Scotland and Nothern Ireland will vote... If they also leave the UK - England will be completely... well... screwed

Nonsense.

 

[Dragonsmonk]

Ridiculous.



Wrong.



Nonsense.

Great argumentation there caps, the whole 3 words really have me persuaded differently

Scotland will have another referendum if they want to stay; NI will also have to decide... both countries are heavily subsidised by the EU and they don't want to loose that. On top of that Scotland was heavily in favour of staying with the EU.
The Irish government already has confirmed that many companies, currently based in the UK, are checking their options to swap islands....

 

[CAPSLOCKSTUCK]

Provide some proof of which companies are seriously considering relocating as a result of Brexit.

Scotland may have its own parliament, but to hold a national referendum it still needs permission from Westminster in London. Over 55% of the country voted to stay in the UK in the last independence referendum in 2014, undoubtedly a healthy margin which surprised expectations.
Scotland might not even be able to afford to be independent right now.


Scotland's claim to North Sea oil was major factor in the pro-independence campaigners' manifesto, but oil has more than halved in value in the last year and a half, as has the share prices of RBS which had to be rescued by the British government after the 2008 financial crash — further complicating any talk of Scottish secession.

Scotland's economy has grown far more slowly than the rest of the UK as a whole since the last recession, with just a 4% GDP growth compared to the UK economy as a whole which grew 23% in cash terms. This is not the picture of a country ready to go it alone, even with the EU membership it already enjoys.


And dont forget the huge bone of contention --

the little matter of joining the Schengen agreement, a treaty which effectively abolished border checks for member nations.

 

[Ferrum Master]

This turned into a politics thread. Shut yer traps mates please. This is a tech forum.

 

[CAPSLOCKSTUCK]

Fair enough....