ARMH -

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
0.00
0.00 (0.00%)
At close: 7:00PM EST
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52 Week Range
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  • Reuters2 months ago

    SoftBank's ARM cedes control of China ops to consortium for $775 million

    TOKYO/HONG KONG (Reuters) - British chipmaker Arm Holdings, a unit of SoftBank Group Corp, will cede control of its Chinese business to a group of local investors in a $775 million deal. Arm will be selling the 51 percent of Arm Technology China to a consortium led by Hou An Innovation Fund, which is jointly managed by ARM and Chinese private equity firm Hopu Investments, a source close to the deal told Reuters. The deal will help boost opportunities for Arm in China, SoftBank said in a statement on Tuesday.

  • Reuters2 months ago

    SoftBank's ARM cedes control of China ops to consortium for $775 million

    TOKYO/HONG KONG (Reuters) - British chipmaker Arm Holdings, a unit of SoftBank Group Corp, will cede control of its Chinese business to a group of local investors in a $775 million deal. Arm will be selling the 51 percent of Arm Technology China to a consortium led by Hou An Innovation Fund, which is jointly managed by ARM and Chinese private equity firm Hopu Investments, a source close to the deal told Reuters. The deal will help boost opportunities for Arm in China, SoftBank said in a statement on Tuesday.

  • Fortune6 months ago

    Commentary: Intel Botched Its First Major Bug. Can It Handle Meltdown and Spectre?

    The 1994 Pentium bug was a PR fiasco.