Softbank’s acquisition of ARM is a big bet on the future – BBC News

Imagine a future where your fridge, your washing machine, even your hairbrush, is a computer. Everyday appliances, all of a sudden transformed into intelligent, thinking and analytical machines.

And then think – how much would you pay to own the technology behind those devices? That might help to explain why Softbank’s eccentric chief executive Masayoshi Son is paying close to a 50% premium for the UK’s ARM Holdings.

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