ARM to be bought for 24 billion pounds

[WYP]

The UK-based mobile CPU maker ARM is to be bought by Japan's Softbank for 24 billion pounds, which is around 43% higher than the companies market value.



Read more on ARM's potential sale fo Softbankhttp://www.overclock3d.net/news/cpu_mainboard/arm_to_be_bought_for_24_billion_pounds/1http://www.overclock3d.net/news/cpu_mainboard/arm_to_be_bought_for_24_billion_pounds/1.

 

[SuB]

You'd think they'd have gone for the price in dollars right now... hmm

 

[NeverBackDown]

Don't know if they should sell. They have immense potential in IOT growing market. They would become far more profitable and worth far more than what they are selling for.

 

[Kushiro]

OR just cash in and enjoy. Who wants to work.

 

[NeverBackDown]

OR just cash in and enjoy. Who wants to work.

They won't get all that money. But still a lot(more than anyone here will ever see lol). But they could have made so much more if they stuck around another say 5 years and easily made more than that. But I think that not working factor had a play here.. On a personal level I totally understand. But business perspective eh it's a great offer and won't get anything more than that now but again 5 years from now they could have earned a lot more

 

[Kushiro]

Ofc not.

 

[Warchild]

buying in £ is a smart move. Its value just tanked, yet already rising sharply now you have a new PM and direction with the whole brexit thing.