ARM launches innovation fund with Chinese backer

Thursday 9 February 2017 | 16:36 CET | News
Japanese-owned chipmaker ARM and Chinese private equity firm HOPU Investments announced the launch of an innovation fund targeting developing and start-up companies in the emerging applications sector. ARM, acquired last year by Softbank, and HOPU said the China-focused fund will particularly address IoT and AI as well as sectors such as driverless vehicles, cloud computing and big data.

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Categories: Mobile & Wireless
Companies: ARM / Softbank
Countries: China
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