If anyone wanted to know why the UK has few major tech companies we’ve had a great explanation this week.
ARM was built by decent men – Robin Saxby, Hermann Hauser, Warren East and others of that ilk. It succeeded because of trust. ARM’s customers trusted these men to deliver microprocessors on an impartial basis showing favour to no one.
From now on, the big decisions at ARM will be made in Tokyo.
A Chairman appointed from outside the industry has worked with City investors and Goldman Sachs to deliver ARM to a telecoms company which is the 62nd largest corporation in the world.
Will customers retain their trust?
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