Softbank buys ARM Holdings

Notice: Page may contain affiliate links for which we may earn a small commission through services like Amazon Affiliates or Skimlinks.
P

Patrick Kennedy

Guest
gigatexal

gigatexal

I'm here to learn
Nov 25, 2012
2,913
607
113
Portland, Oregon
alexandarnarayan.com
I'd like to continue to see more of these types of articles from informed end users like yourself Pat as we see more and more M&A. It strokes my economics background and it's interesting to see what non-analysts with vested interests think about things. Thanks for the write up.
 
J

Jon Massey

Active Member
Nov 11, 2015
339
82
28
37
Ah yes, we've taken back the control to have our highest performing companies bought out by overseas investors due to our economy being in the toilet. Great work, Boris!
 
  • Like
Reactions: gigatexal
S

SomeGuyInTexas

Member
Apr 13, 2016
56
7
8
54
Texas
Definitely interesting times... EETimes coverage indicates that - perhaps - simple CEO hubris could be the primary driver in play. ARM Acquisition: What's In It for SoftBank? | EE Times. Certainly, the currency valuation enabled the purchase. The fact (referenced in several finance articles) that the deal was started and closed in two weeks was shocking to me. Shocking to me that any board of directors would accept a deal so quickly. I'm dealing with multiple vendors that have gone through recent (in the last year) M&A transitions, and frankly as a customer I'm not feeling any positives as a result. New owners come in, transitions occur, "optimizations" put in place, and then we either see an increase in product cost OR we see a reduction in our support levels. The lack of any manner of long term planning (only short term stock market gain planning/gaming) has made for a very cut throat time in the IT business world. Sadly, I don't see that changing in the future.
 
Patrick

Patrick

Administrator
Staff member
Dec 21, 2010
12,513
5,803
113
SomeGuyInTexas said:
Definitely interesting times... EETimes coverage indicates that - perhaps - simple CEO hubris could be the primary driver in play. ARM Acquisition: What's In It for SoftBank? | EE Times. Certainly, the currency valuation enabled the purchase. The fact (referenced in several finance articles) that the deal was started and closed in two weeks was shocking to me.
Click to expand...
I have worked on larger divestitures but acquisitions wise I was on a technology company diligence effort that was around $10-15B many years ago. I think we did 5 weeks from pitching the idea of the acquisition to deal announcement date. +/-1 week and probably about the level of diligence I would want purchasing an asset like ARM.

Very impressive just to be able to spin up teams fast enough to make that happen.
 
  • Like
Reactions: SomeGuyInTexas
EffrafaxOfWug

EffrafaxOfWug

Radioactive Member
Feb 12, 2015
1,394
511
113
Jon Massey said:
Ah yes, we've taken back the control to have our highest performing companies bought out by overseas investors due to our economy being in the toilet. Great work, Boris!
Click to expand...
ARM was full of those "experts", always telling other people how to build their CPUs. Now that we're a free country I'll be glad to see the back of them :mad:
 
  • Like
Reactions: Jon Massey
J

Jon Massey

Active Member
Nov 11, 2015
339
82
28
37
Yes, it is a joke. It's a reference to a comment made by former justice secretary and failed Brutus-wannabe, Michael Gove's comments during the referendum campaign. When asked to respond to the fact that almost every economic expert was saying that Brexit would be very damaging to the UK economy he replied that “people in this country have had enough of experts". It's become a bit of a meme, mocking the anti-intellectual tone of some of the "out" campaign. ;)
 
  • Like
Reactions: gigatexal
You must log in or register to reply here.
Top Bottom