SoftBank Group explores options for chip designer Arm Holdings, reports WSJ

SoftBank Group explores options for chip designer Arm Holdings, reports WSJ

Malay Mail Online - Money·2020-07-14 15:01

SoftBank acquired Arm for US$32 billion (RM136.4 billion) in 2016, its largest-ever purchase, in part to expand into the internet of things, which connects everyday devices from traffic signals to refrigerators to the internet. — Reuters pic

TOKYO, July 14 — SoftBank Group Corp is exploring options including a full or partial sale or public offering of British chip designer Arm Holdings, the Wall Street Journal (WSJ) reported yesterday.

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