IT Pro is supported by its audience. When you purchase through links on our site, we may earn an affiliate commission. Learn more

ARM hires 1,000 staff after SoftBank buy-out

Hiring spree is the first step in SoftBank's pledge to double UK staff

ARM has hired more than 1,000 new staff members worldwide since it was taken over by SoftBank last year, with a large proportion of these UK-based employees.

The figures provided by SoftBank's UK Takeover Panel suggest the number of employees in ARM's UK operation rose from 1,749 to 2,173, while in the rest of the world, its workforce increased from 2,220 to 2,845, bringing the total number of new staff to 1,049.

This is part of SoftBank's quest to build ARM's presence in the UK, fulfilling a commitment made when it lodged its takeover bid last year. At the time, SoftBank said it would double the number of staff in both the UK and worldwide and although there's still a fairly large recruitment campaign to go in order to hit that number, it has certainly made a dent in fulfilling its promises.

The terms were set out in the UK's new Takeover Code, which have been designed to prevent foreign companies buying up UK businesses and then withdrawing support in the country. Japanese company SoftBank has promised it's committed to the UK and would report what it's done to adhere to the code every year.

Although some of the employees now listed as ARM's were transferred from SoftBank, this is still within the rules set out in the UK's Takeover Code.

In SoftBank's latest report about how it's changed ARM since its acquisition, the company revealed it continues to operate the business from its UK headquarters in Cambridge and it has opened two new offices in the city.

"This progress on undertakings illustrates not only SoftBank's ambition to develop ARM into one of the leading global technology companies, but also its commitment to UK jobs and research and development," a spokesman said.

Featured Resources

The COO's pocket guide to enterprise-wide intelligent automation

Automating more cross-enterprise and expert work for a better value stream for customers

Free Download

Introducing IBM Security QRadar XDR

A comprehensive open solution in a crowded and confusing space

Free Download

2021 Gartner critical capabilities for data integration tools

How to identify the right tool in support of your data management solutions

Free Download

Unified endpoint management solutions 2021-22

Analysing the UEM landscape

Free Download

Recommended

Qualcomm open to investing in Arm as part of consortium
Business strategy

Qualcomm open to investing in Arm as part of consortium

31 May 2022
Arm China CEO refuses to step down despite being dismissed
Business strategy

Arm China CEO refuses to step down despite being dismissed

5 May 2022
Nvidia warns rivals are exploiting uncertainty surrounding Arm’s future
mergers and acquisitions

Nvidia warns rivals are exploiting uncertainty surrounding Arm’s future

11 Jan 2022
FTC sues to block Nvidia's Arm acquisition
mergers and acquisitions

FTC sues to block Nvidia's Arm acquisition

3 Dec 2021

Most Popular

Samsung proposes 11 Texas semiconductor plants worth $191 billion
Hardware

Samsung proposes 11 Texas semiconductor plants worth $191 billion

21 Jul 2022
How to boot Windows 11 in Safe Mode
Microsoft Windows

How to boot Windows 11 in Safe Mode

29 Jul 2022
Should you take your password manager off the internet?
Sponsored

Should you take your password manager off the internet?

28 Jul 2022