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6 Things To Know About SoftBank's Blockbuster Acquisition Of ARM

SoftBank says it was drawn to ARM because of its unique foundational technology and its growth potential in the IoT market.

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More Internet Of Things Consolidation

SoftBank Monday unveiled plans to acquire mobile semiconductor design company ARM Holdings in an all-cash transaction valued at $32 billion as it aims to become a leader in the Internet of Things.

SoftBank Chairman and CEO Masayoshi Son stressed in a presentation that his company was drawn to ARM because of its unique foundational technology and its growth potential in the IoT market.

"[SoftBank] intends to sustain ARM's long-term focus on generating more value per device, and driving licensing wins and future royalty streams in new growth categories, specifically 'Enterprise and Embedded Intelligence,'" SoftBank said in a statement.

Following are six things to know about the ARM acquisition as it relates to the Internet of Things.

 
 
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