Softbank to Sell 25% of ARM to Saudi-Backed Fund

Author Topic: Softbank to Sell 25% of ARM to Saudi-Backed Fund  (Read 717 times)

Offline rezwan.eee

  • Full Member
  • ***
  • Posts: 139
  • Believer
    • View Profile
Softbank to Sell 25% of ARM to Saudi-Backed Fund
« on: April 22, 2017, 02:09:19 AM »

Softbank is about to sell 25 percent of ARM into a new, Saudi-backed $100 billion investment fund. The Japanese decision appears to be driven by Mubadala -- which owns 100 percent of Globalfoundries -- who is interested in ARM.
Rezwan Mohammad Sayeed
Lecturer
Dept. of EEE
Faculty of Engineering