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Commenting on the multi-billion proposed purchase of ARM Holdings by Japanese company Softbank, Councillor Lewis Herbert, Leader of Cambridge City Council said:

“Given the momentous scale of this takeover, it is an important reassurance to staff and our residents that ARM Holdings will continue to operate and have its headquarters in Cambridge, and that the detailed and well advanced plan to double the size of its operations here will proceed as proposed.

While future decisions affecting hundreds of local ARM employees will be taken in Japan as well as the UK, it is also good news that they will preserve the firm’s operating structure, including retaining the Cambridge and wider senior management team and their partnership-based business model.

It is a massive tribute to the creators and staff of ARM that they have grown a business now worth £24 billion from a near zero start.  

While we would prefer more of the bigger companies operating in Cambridge to be UK-owned, the city continues to generate local, highly successful start-ups that could be the ARM Holdings of the future.  Councils locally will continue to make their joint contributions to this by addressing transport challenges, skills, affordable housing and retaining quality of life here as key elements in a special environment where high tech companies thrive.

Comment from the Leader of Cambridge City Council on ARM Holdings Proposed Sale to SoftBank

Commenting on the multi-billion proposed purchase of ARM Holdings by Japanese company Softbank, Councillor Lewis Herbert, Leader of Cambridge City Council said: “Given the momentous scale of this takeover, it is an...

Responding to news that Cambridge technology giant ARM is set to be acquired by Japan's Softbank, Cambridge MP Daniel Zeichner says that we need strong guarantees that the assurances given will be honoured: "Within weeks of the European referendum we are seeing the sale of the jewel in the UK tech crown, Cambridge's greatest modern success story.

Analysts will debate the impact on ARM, but there can be no doubt that Britain is losing control of one of our most innovative and successful companies.

The promises and assurances are bold, but the power to decide moves elsewhere, and the Government needs to consider how these promises can be guaranteed.

There has been a chill running through Cambridge since June 23, and this news only reinforces the sense that the country has taken the wrong turn."

ARM Sale – country taken wrong turn says Cambridge MP

Responding to news that Cambridge technology giant ARM is set to be acquired by Japan's Softbank, Cambridge MP Daniel Zeichner says that we need strong guarantees that the assurances given...

Following the terrible attack in Nice Daniel Zeichner MP said:

"My thoughts are with the victims and the emergency services who we all rely on at times like this.

This is another dark day for our continent. 

Solidarité."

Daniel Zeichner MP Responds to the Attack in Nice

Following the terrible attack in Nice Daniel Zeichner MP said: "My thoughts are with the victims and the emergency services who we all rely on at times like this. This is another...

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