back to article Keeping them for a rainy day? Arm decides against spinning off cloudy IoT businesses to parent Softbank – report

Arm has apparently decided against spinning off two of its Internet-of-Things businesses to its owner Softbank just as Softbank chairman Masayoshi Son searches high and low for someone to buy the British chip designer. "We are proposing to transfer ownership of Pelion IoT Platform and Treasure Data to Softbank," an Arm …

  1. Anonymous Coward
    Anonymous Coward

    Not for rainy day.

    Looks to me like nVidia want the IOT business too, and this is part of the deal being negotiated

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