ARM, Softbank and 1,500 Engineers
Rick Merritt, SiliconValley Bureau Chief
EETimes (7/18/2016 01:26 PM EDT)
Who needs coffee when you can wake up on a Monday morning to a $32 billion merger? I was starting to think we had seen all the big waves of the semiconductor acquisition tsunami. I guess I need to think different.
Softbank’s proposed acquisition of ARM looks like the win/win the two sides claim. ARM gets to accelerate its growth, and Softbank will probably get a decent return on its generous investment over the long haul.
What leaves me scratching my head is where will ARM but another ~1,500 engineers over the next five years. The two sides say they will focus on growth areas of the Internet of Things and autonomous cars.
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