SoftBank completes $31 billion acquisition of ARM

SoftBank surprised the technology world with a plan to acquire British chip designer ARM Holdings for £23.4 billion ($31.4 billion) back in July, the biggest ever purchase of a European technology company. After less than two months, SoftBank is announcing today that the transaction is complete. The total acquisition price is approximately £24 billion ($31 billion), and ARM will now be de-listed from the London Stock Exchange tomorrow.
SoftBank's purchase of ARM is the latest in