ARM Holdings, a chip design firm that doesn’t manufacture or sell any chips, has just been bought by SoftBank for a cool $31.4 billion. That’s four times as much as Microsoft paid for Nokia, close to three times Google’s expenditure on Motorola, and an order of magnitude more than Palm cost HP. We think of these other companies as the authors of the mobile world we’re living in, but it’s ARM’s invisible contribution that has proven more influential — and now a lot more valuable — than all of them.
The smartphone revolution of this century might as well be called the ARM takeover. Practically every single phone, tablet, and smartwatch out in the world today runs on a processor using the ARM architecture — which means licensing ARM’s...
ARM's $31 billion takeover shows that information is king
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