Look at your smartphone. Odds are very, very good that it's running a chip with ARM-designed components, or at least the ARM instruction set. UK-based ARM Holdings has become an integral part of mobile computing, and Japan's SoftBank wants a piece of that. The companies announced today that SoftBank will acquire ARM Holdings for about $32 billion.
This deal is by far the largest for SoftBank (which also has controlling interest in Sprint), and one of the largest for any Japanese company.
Read MoreSoftBank will acquire ARM Holdings for more than $32 billion was written by the awesome team at Android Police.
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