TOKYO/TAIPEI -- SoftBank Group has agreed to sell U.K. chip designer Arm Limited to U.S. chipmaker Nvidia in a cash and stock deal worth up to $40 billion.
Japanese group will keep minority stake in new owner of UK chip designer
SoftBank Group CEO Masayoshi Son: "Joining forces with a world leader in technology innovation creates new and exciting opportunities for Arm." © Reuters
TOKYO/TAIPEI -- SoftBank Group has agreed to sell U.K. chip designer Arm Limited to U.S. chipmaker Nvidia in a cash and stock deal worth up to $40 billion.