The leading smart device chip developer is being acquired at 32 • HWzone
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The leading smart device chip developer is being acquired at 32 billion

The Japanese communications conglomerate SoftBank plans to acquire the chip and semiconductor giant For a huge sum

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SoftBank, Inc. Japanese veteran, is one of the largest companies in the world. The company has been successful in broadband and finance, but is now heading towards future technologies, most notably the "Internet of Things."

To this end, it continues the trend of acquisition of Western companies. SoftBank has already acquired nearly a quarter of the shares of Betfair, Britain's largest Internet gambling company, and 80% of Sprint, the US mobile operator. Today she reported That it is about to take a risk and purchase the , One of the world's strongest players in the field Chip architectures and semiconductors.

SoftBank. On the way to becoming an empire?
SoftBank. On the way to becoming an empire?

ARM provides production licenses for its architecture-based chips to a large number of contractor manufacturers. These chips are embedded in a huge number of devices. over the years Has become almost absolute control of Chips for smartphones, tablets and smart clocks, but the chips are the basis of many technologies, from ABS systems to preventing the locking of wheels in the car to super computers.

The Japanese corporation has set itself one clear goal - to gain a foothold in the "Internet of Things" that has been gaining momentum in recent years. Remember, the goal is to connect physical objects to the web, making them "smart". The "smart city" vision, in which thousands of objects will interact with one another, for example, is one of the ideals the market is aiming for.

SoftBank's choice to acquire a company like Verstil , Specializing in development for small, efficient chips, is a smart choice. However, this is quite a gamble, as it will be years before we see whether the "Internet of Things" will be the next big thing.

Masioshi Sun, founder of SoftBank, who is CEO of the company, actually sounds confident himself. Sun responded to the acquisition by saying that "(ARM) is a company I have admired for the past decade. This is the company I wanted to become part of SoftBank. I'm happy".

CEO Mesioshi Sun is pleased with the acquisition
CEO Mesioshi Sun is pleased with the acquisition


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