> I think it went something like Apple needed a chip for the Newton. That begat ARM as an Acorn spin-off. That's correct: the spin-off from Acorn was part of t

> I think it went something like Apple needed a chip for the Newton. That begat ARM as an Acorn spin-off. That's correct: the spin-off from Acorn was part of the deal with Apple (done by John Sculley). However, ARM had three investors: Acorn, Apple and chip company VLSI Technology Inc (VTI).