The UKs jewel in the technology sector has received a £24 billion take over by Japans Softbank
ARM make microchips which are used in Apples iPhone, the reason for the takeover is that Softbank want in to the IOT sector and ARM are well placed in that sector, can only be good for xpe
www.bbc.co.uk/news/business-36822272
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Uk ARM in Takeover by Softbank
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