ARM’s acquisition by SoftBank brings European tech exit volume to €40 billion in Q3 2016

We've analysed the tech exits data tracked for the third quarter of 2016, and found that it was a stellar one in terms of volume - but mostly thanks to a single, big deal.
ARM’s acquisition by SoftBank brings European tech exit volume to €40 billion in Q3 2016

The third quarter of 2016 was far from an average one. SoftBank’s takeover of UK-based ARM marked the largest ever acquisition of a European technology business.

The UK’s largest listed tech company, which employs 4,000 people, was purchased for a total of £24.3 billion (approximately €29 billion) at £17 per share by the Japanese telecom company.

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