Image:
Softbank to shift 25 per cent stake in ARM to fund backed by Saudi Arabia, Apple and Qualcomm
Transfer of stake will help SoftBank fulfill its promise to invest "at least $25bn" in SoftBank Vision Fund
SoftBank Group, which bought UK chip designer ARM in July last year for £24.3bn, is planning to pass-on a 25 per cent stake in the company to a technology fund backed by the government of Saudi Arabia...
To continue reading this article...
Join Computing
- Unlimited access to real-time news, analysis and opinion from the technology industry
- Receive important and breaking news in our daily newsletter
- Be the first to hear about our events and awards programmes
- Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
- Access to the Computing Delta hub providing market intelligence and research
- Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders
