Ingrid Lunden, writing for TechCrunch;
Today, Softbank announced that it has completed its acquisition of ARM Holdings, the semiconductor firm that it said in July it would acquire for £24 billion in cash (around $32 billion in today’s currency, $31 billion at the time of the deal), in order to make a big jump into IoT. As a result, ARM will be delisted from the LSE effective September 6. Softbank has said that it plans to run the company as a standalone business.
Last modified: September 7, 2016