View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
November 2, 1999

Apple Raises Another $65m From ARM Shares

By CBR Staff Writer

Apple Computer Inc has again cashed in on the soaring value of its shares in Cambridge, UK-based RISC chip designer ARM Holdings Plc and has raised around $65m from the sale of 2.1 million shares. Apple still owns 13,010,000 ARM shares that are currently worth $405m. In the past year, ARM shares have risen from 223.75 pence to a current level of 1,888 pence. With ARM chief executive Robin Saxby forecasting that its technology will be inside every digital consumer product in the world by 2010, there is more growth in the share price to come.

Content from our partners
Rethinking cloud: challenging assumptions, learning lessons
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.