10:19AM, Monday 18 July 2016
A UK technology firm with offices in Maidenhead is to be sold to a Japanese company in a £24bn deal.
ARM Holdings, which has an office in Moorbridge Road, confirmed the deal with Softbank today.
ARM said it had received assurances that Softbank would at least double employee headcount in the UK over the next five years and its UK headquarters would remain in Cambridge.
The firm was founded in 1990 and designs chips for a number of smartphones, including Apple and Samsung products.
It had more than 4,000 employees worldwide, 30 of whom are based in Maidenhead.
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Police raided addresses in Lillibrooke Crescent, Cox Green, and in Crown Lane, Farnham Royal, at about 7.15am.