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SoftBank, a Japanese telecommunications company, agrees to acquire British IT company ARM Holdings for over $32 billion. The deal represents a significant move by SoftBank to expand its presence in the technology sector, as ARM is a leading provider of semiconductor intellectual property. This acquisition aligns with SoftBank's vision to capitalize on the growth of Internet of Things (IoT) devices and positions them as a major player in the global semiconductor industry.
Sunday, 17 July, 2016