Japanese company Softbank is to make a £24bn bid to buy Cambridge-based ARM Holdings. The Raspberry Pi’s CPU contains an ARM processor, along with the VideoCore GPU. What this will mean for the Raspberry Pi is anyone’s guess at this point. However, Softbank have said that they intend to invest in, and grow, the Cambridge operation so chances are nothing will change in the short-to-medium term. Read more on the BBC.
You say “Cambridge based” but Arm has locations all over the globe
http://www.arm.com/about/company-profile/locations-around-the-world.php
Well, yes, but HQ is in Cambridge, I believe.
Oh dear, yet another very successful British Company get taken over
by a foreign investor. I hope this goes well, but I have my doubts.
Yeah, at the moment, it’s a bit “good news/bad news”