SoftBank abandons 'information revolution' with sale of Arm

Masayoshi Son's claim to be leading the information revolution is bunk

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20220219 Masayoshi Son Arm.JPG

Masayoshi Son attends a news conference in Tokyo in February 2017: anyone interested in an Arm IPO should read the Nvidia filing carefully. © Reuters

Stephen Givens is a corporate lawyer based in Tokyo.

SoftBank Group's decision to unload semiconductor designer Arm, five years after it was acquired with much fanfare as the flagship of Masayoshi Son's "information revolution," should put to bed any pretense that it is a serious player on the frontier of the Internet of Things, artificial intelligence or intelligent robotics.

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