Arm to Keep IoT Data Unit, Canceling Transfer to Softbank
A cleaner wearing a protective mask walks past signage for SoftBank Corp. near a store in Tokyo, Japan. (Photographer: Kiyoshi Ota/Bloomberg)

Arm to Keep IoT Data Unit, Canceling Transfer to Softbank

(Bloomberg) -- Arm Ltd. said it will keep its IoT Platform and Data units as independent businesses, canceling a previous plan to spin off the units to Softbank Group Corp.
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.