SoftBank’s massive acquisition of ARM is now complete, with the $32 billion transaction going through smoothly. The deal was announced in July and now ARM will be de-listed from the London Stock Exchange. SoftBank’s purchase of ARM is larger than any other acquisition of a European company.
Japan-based SoftBank has spent billions on acquisitions/investments in recent years. It spent $20 billion to purchase Sprint and invested $15 billion in Vodafone.
ARM’s involvement in the semiconductor industry will be exploited by SoftBank to advance its Internet of Things initiatives.
