ARM Holdings (Advanced RISC Machines) plc. Message Board

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Technology Stocks : ARM Holdings (Advanced RISC Machines) plc.

ARMH 74.12

-1.1%

Nov 4 10:30 AM EST

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To: SteveG who started this subject	10/5/2000 7:01:38 AM
From: nigel bates	Read Replies (1) of 912

Another reminder of the somewhat cavalier way the Acorn shareholders were treated when MSDW split it up... Cambridge-based micro chip company Element 14, which has yet to generate any revenue, has been bought by US semiconductor group Broadcom for $594 million (407 million stg) Element 14 is an offshoot of Acorn, a one time personal computer manufacturer which also gave birth to ARM, a quoted chip design company now worth 7.4 billion stg. Element 14 was set up last year, and its sale has generated huge returns for its backers, which have invested $13 million in the company...

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