Arm plans to spin off its IoT businesses as it focuses on core chip design business
- From The Category5.TV Newsroom Episode 658
- July 8, 2020
Arm has announced plans to spin off its two IoT businesses, a move that would effectively transfer the divisions under the broader umbrella of the SoftBank Group, which purchased the chip designer back in 2016. The move comes as Arm seeks to focus its efforts exclusively on the semiconductor business that has made the company a ubiquitous presence in the mobile world.
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