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Apple chip designer ARM set to be acquired by Softbank; suggestion Apple may bid

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<p><a href="http://9to5mac.com/guides/arm/" target="_blank">ARM[/url], the British chip designer responsible behind the A-series processors used in Apple’s iOS devices, looks set to be bought by Japanese telecoms company Softbank.</p>
<p>The deal will need to be approved by shareholders, but with ARM recommending it and a valuation 43% above last week’s closing price, it looks likely to go through. It is, however, possible that other companies may make their own bid for the company.</p>
<p>Both Intel and Apple have been <a href="http://www.recode.net/2016/7/17/12210564/softbank-arm-holdings-deal" target="_blank">suggested[/url] as potential bidders …</p>
<p> <a href="http://9to5mac.com/2016/07/18/apple-chip-designer-arm-softbank-acquisition/#more-439269" class="more-link">more…[/url]</p>
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