ARM’s first appearance in the record books? When SoftBank announced in 2016 that it would acquire the company for $32 billion). […] One of ARM’s co-founders has started a campaign to get the UK to interfere in the deal, or else call it off and opt for a public listing backed by the government. Hermann Hauser, who started the company in 1990 along with a host of others as a spin-out of Acorn Computers, has penned an open letter to the UK’s Prime Minister Boris Johnson in which he says that he is “extremely concerned” about the deal and how it will impact jobs in the country, ARM’s business model, and the future of the country’s economic sovereignty independent of the US and US interests. […] More immediately, Hauser’s position is that by letting the company be acquired by a US entity, any future sales that the company makes will also be subject to US export regulations — a key point since so many of its dealings are with Chinese companies and companies that in turn do business with China, all of whom would need to comply with CFIUS regulations, he notes. […] But back to the biggest issue of all, at least as it is outlined to appeal to the UK government, it is ARM’s position as a company independent of US interests that is of the highest concern.
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