ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

SoftBank to buy UK chip designer ARM for over $30bn -- reports

TOKYO -- Japan's SoftBank Group has agreed to acquire the U.K.'s ARM Holdings for more than $30 billion, the Financial Times and Wall Street Journal reported on Monday.

ARM is a global leader in smartphone chip design. The agreement, if confirmed, would allow SoftBank to make a strong push in one of the next big tech markets, the internet of things.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more