Rick Merritt, SiliconValley Bureau Chief
EETimes (7/18/2016 01:26 PM EDT)
What jobs should ARM give the 1,500 engineers it hopes to hire over the next five years with its new investment from sugar Daddy Softbank?
Who needs coffee when you can wake up on a Monday morning to a $32 billion merger? I was starting to think we had seen all the big waves of the semiconductor acquisition tsunami. I guess I need to think different.
Softbank’s proposed acquisition of ARM looks like the win/win the two sides claim. ARM gets to accelerate its growth, and Softbank will probably get a decent return on its generous investment over the long haul.
What leaves me scratching my head is where will ARM but another ~1,500 engineers over the next five years. The two sides say they will focus on growth areas of the Internet of Things and autonomous cars.
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