Tag Archives: ARM Holdings plc
ARM CEO Warren East Not Worried About Intel’s Smartphone Chips
Arm Holdings plc CEO Warren East was interview at the Consumer Electronics Show in Las Vegas about competition with Intel. Intel has started getting into the low-power processor market to provide chips for smartphones and tablets. East said that ARM is not worried about the competition.
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Categories ARM Holdings plc, Intel, Warren East
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Rumor: Apple Expresses Interest In Acquiring ARM
Rumor has it that Apple Inc. (NASDAQ:AAPL) has expressed interest in acquiring ARM Holdings plc (NASDAQ:ARMH). ARM’s stock price shot up as a result. ARM designs CPU designs for a variety of Apple devices include the iPhone, iPod Touch, and the iPad. “A deal would make a lot of sense for Apple,” stated a trader. “That way, they could stop ARM’s technology from ending up in everyone else’s computers and gadgets.” The takeover offer is rumored to be about $8 billion. Apple has about $41.7 billion in cash reserves. [MacRumors]
Categories Apple Inc., ARM Holdings plc
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