arm holdings

SirMo76

Sprint’s Parent Company Spending $32 Billion To Buy A Piece Of Everyone’s Phones

A big tech deal was announced between two international companies today. Japan-based SoftBank bought UK-based ARM for $32 billion, a sentence that’s meaningless to most of us. But put another way, it starts to make a whole lot more sense: the company that owns Sprint just bought the company that makes the parts that make your iPhone actually work. [More]