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Purely as a member of the UK tech community, this comes as worrying news. We don't have that many world class technology players, at this sorry of level. As so

Purely as a member of the UK tech community, this comes as worrying news. We don't have that many world class technology players, at this sorry of level. As someone who likes ARM though, I suspect this is a fairly good thing. SoftBank have bought other entities of late in similar spaces that are doing well. Examples that I'm thinking of would be BetFair, Sprint Corporation, Upstream and Supercell. They've a history of good investment and ownership, and a fairly hands-off approach to managing the companies they own/have heavy investment in. I'm not thrilled at ARM being owned now, but it's a good price and SoftBank are about as good as they'd be likely to get.

scholia 10y ago
It's an initial defeat for the new prime minister, who previously complained about the vast number of major UK companies and utilities being taken over by foreigners. As we know from experience, this usually leads to profits and UK jobs moving overseas as well.... If May is unable or unwilling to stop the ARM takeover, which seems to be the case, then many more will follow. Especially as the declining value of the post-Brexit pound (down 30% against the Yen in the past year), makes UK companies cheaper.
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