Hi guys, don't know if this event was discussed here yesterday, but I failed to find that thread.
So Monday's acquisition has become the biggest ever of European-based tech company with a 43% premium to the previous market price of the stock. Softbank has already interests in Sprint and Yahoo.
As for long term performance of the stock, all news media rating it as a "buy" due to the increased competitiveness of ARM in comparison to its rivals especially in the field of mobile processors.
ARMH is financially healthy and growing strongly by itself, the question is how much advantage it gains on being acquired?
So Monday's acquisition has become the biggest ever of European-based tech company with a 43% premium to the previous market price of the stock. Softbank has already interests in Sprint and Yahoo.
As for long term performance of the stock, all news media rating it as a "buy" due to the increased competitiveness of ARM in comparison to its rivals especially in the field of mobile processors.
ARMH is financially healthy and growing strongly by itself, the question is how much advantage it gains on being acquired?
ARM Holdings has been acquired by Softbank for about $32 bn
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