In announcing that deal, Mr Son described the so-called Internet of Things as shaping up to be"the biggest paradigm shift in human history", a phenomenon he was willing to bet big on. That explained the steep price it paid for Arm - 43 per cent higher than where Arm had traded the week before the deal.
Its technology is also beginning to play a significant role in data centres, largely through Amazon's enormous cloud division but also through an array of startups.
Source: News Formal (newsformal.com)
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