Softbank buys Apple’s processor ARM for $32b

Softbank has agreed a $32 billion takeover of ARM Holdings, the UK-based chip designer behind the processors used in iPhones, iPads, Apple Watch and Apple TV. This deal is likely to impact the future of all involved in ARM, including Apple.

Strategic importance

Such is the strategic importance of ARM Holdings, Apple was itself rumored to be considering acquisition of ARM back in 2010, when speculation estimated the price at around $5 billion.

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