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    1. SoftBank bets on the future of Internet Of Things, and acquires ARM Holdings for $31.4 Billion

      SoftBank bets on the future of Internet Of Things, and acquires ARM Holdings for $31.4 Billion

      The News… Japan-based SoftBank Group (SBG) and UK-based ARM Holdings has entered into an agreement wherein Softbank would be acquiring ARM for a whooping $31 Billion (£24 Billion) in an all cash transaction. This is a price that is more than 70 times of ARM’s net earnings in 2015. Softbank Group is a telecommunications and …

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