Cambridge-based business dominates global smartphone market but deal needs to be approved by UK regulators
One of Britain’s most successful tech companies, Arm Holdings, is being sold by its Japanese owners for $40bn in a deal that could reshape the semiconductor landscape.
Nvidia, a US company, will pay SoftBank $21.5bn in shares and $12bn in cash for the chip designer although the deal is still subject to regulatory approval in the UK.
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