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UK chip producer 'acquired' by US company
Archived Message
Posted by Mary
on September 14, 2020, 1:05 pm
ARM Holdings was sold for £32bn four years ago to Japanese SoftBank.
Now sold to Nvidia, US graphics chip specialist, for £31.2bn.
https://en.wikipedia.org/wiki/Arm_Holdings
So the Japanese lost £800,000?? and
Jensen Huang (president & CEO) Colette M. Kress (CFO) of Nvidia got a bargain.
Will Nvidia keep their promise to keep the business in Cambridge and to hire more staff?
https://www.bbc.co.uk/news/technology-54142567
Message Thread:
UK chip producer 'acquired' by US company
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Mary
September 14, 2020, 1:05 pm
SoftBank keeps a 10% share. Bet ARM's co-founders are worth a bob or 2.
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Laurie
September 14, 2020, 9:55 pm
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