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What is ARM and why is it worth £24bn?

July 19th, 2016 by Mark Daly in Industry News No Comments »
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ARM Holdings has been often described as the UK’s leading technology company. And while it might not be a household name, many products that qualify rely on the Cambridge company’s brainpower. Samsung’s Galaxy smartphones, Apple’s iPad tablets, Amazon’s Kindle e-readers, Nest’s smart thermostats, Ford’s cars, DJI’s drones, Canon’s EOS cameras and Fitbit’s fitness trackers barely […]

ARM chipmaker to be bought for £24bn by Japan’s Softbank

July 18th, 2016 by Mark Daly in Industry News No Comments »
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UK technology firm ARM Holdings is to be bought by Japan’s Softbank for £24bn ($32bn) it confirmed on Monday. The board of ARM is expected to recommend shareholders accept the offer – which is around a 43% premium on its closing market value of £16.8bn on Friday. The Cambridge-based firm designs microchips used in most […]

Sucking robot arm wins Amazon Picking Challenge

July 4th, 2016 by Mark Daly in Industry News No Comments »
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A robotic arm that combines a suction cup, a “two-fingered” gripper and a 3D depth-sensing camera has won Amazon’s latest warehouse bot competition. Team Delft’s machine triumphed over its rivals at both of the two tasks. One involved selecting products from a container, picking them up and putting them on a shelf. The other was […]

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