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Apologies, I was answering in the context of an alternative to North American dominance in the CPU industry rather than European equivalents. But I didn't real
by kingosticks 6y ago
Apologies, I was answering in the context of an alternative to North American dominance in the CPU industry rather than European equivalents.
But I didn't realise Softbank had sold on their $31bn stake. The BBC article states a $8bn chunk went to a Saudi-backed investment group, and the other sale was the majority stake of only ARM's Chinese subsidiary (worth $775.2m). From that it doesn't seem accurate to say ARM is now predominantly Chinese but maybe there are some other deals I also missed. To be honest, I lost interest once they sold to Softbank - 'in the country's interests' ha!