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>ARM is in such a great position currently. There's no reason to sell except that SoftBank is in desperate need of capital. Softbank needs cash. sells ARM. not
by MangoCoffee 6y ago
>ARM is in such a great position currently. There's no reason to sell except that SoftBank is in desperate need of capital.
Softbank needs cash. sells ARM. not a good reason?
- Animats 6y agoSoftbank has to prop up Uber and WeWork with something. I dunno, would you rather have ARM technology owned by a US company or by a front for the Saudi sovereign wealth fund?
- baybal2 6y ago> Softbank has to prop up Uber and WeWork with something. Softbank has a chainsaw prince as a main creditor. This is a very compelling reason to get cash in any way possible.
- athriren 6y agoto be pedantic i believe it was a hacksaw
- MangoCoffee 6y agoi agree with you but it look like Softbank want money more than ARM. it doesn't matter what you and i think. its whatever Softbank CEO think.
- adrian_b 6y agoUnfortunately, after the last years any non-US citizen would rather have ARM technology owned by a Saudi fund or by any other non-US entity. When you choose to include ARM technology in some of your products, then you will spend a lot of time and money for the implementation and you will need a long term availability of that technology, to be able to recover you costs and to give you time to switch to another technology, if desired. Now any long-term commitment for providing any US-owned technology can no longer be believed, because precedents show that such commitments can be unilaterally canceled at any time, without an early enough warning.
- chii 6y ago> long-term commitment for providing any US-owned technology can no longer be believed only if you are not already under the thumb of the US gov't. Otherwise, it's a non-issue.
- dylan604 6y agoyou give 'em an arm, they take a leg. after ARM, what else is in their portfolio that's not a flop like WeWork, Theranos, etc? It wouldn't be surprising to find SoftBank needing to sell other appendages too