Primeur magazine

Edition: flash - Issue: 2016-07-18


The SoftBank Group (SGB) from Japan has come to an agreement to acquire ARM Holdings plc in the UK for about 29 billion euro (24 billion GPB). ARM will become a wholly owned subsidiary of SGB. The merger is expected to be completed by the end of September. The fall of the British Pound after the Brexit a few weeks ago, makes ARM shares about 30% cheaper in other currencies like the Japanese Yen. ARM is by far the largest European chip architecture maker. ARM is also active in HPC. Recently Fujitsu in Japan announced that they are working on using ARM based chips for the Post K supercomputer under development. ARM is also used in several European exascale computing development projects, including Mont-Blanc, Exanest, and Exanode. Read further...