We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

ARM and a leg

23 August 2004 By Robert Cyran

The UK chip designer has agreed to buy the US firm Artisan for about half its own market capitalisation in a largely share deal. ARM is paying a 42% premium despite having precious few synergies. There is also a risk that such a big deal will stretch management thin.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)