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SoftBank’s Son Makes Biggest Wager in Career Built on Tech Bets

  • Son scored with mobile carriers, software and e-commerce
  • His $32 billion gamble is on chips for Internet of Things
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Softbank Secures ARM Holdings in Record $32B Deal

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Masayoshi Son’s forged a career out of betting early on some of the pivotal technology trends of his time. Now he’s made the biggest gamble of his life on a nascent concept known as the Internet of Things.

SoftBank Group Corp.’s $32 billion bid for ARM Holdings Plc -- the linchpin of the mobile revolution -- is predicated on the notion that succeeding generations will come to depend on smart appliances, gadgets and office gear that talk to each other and function free of much human intervention. For that to work, each of them must come with a microchip, and Son’s betting it’ll be an ARM design.