Purely as a member of the UK tech community, this comes as worrying news. We don't have that many world class technology players, at this sorry of level.<p>As someone who likes ARM though, I suspect this is a fairly good thing. SoftBank have bought other entities of late in similar spaces that are doing well.<p>Examples that I'm thinking of would be BetFair, Sprint Corporation, Upstream and Supercell. They've a history of good investment and ownership, and a fairly hands-off approach to managing the companies they own/have heavy investment in.<p>I'm not thrilled at ARM being owned now, but it's a good price and SoftBank are about as good as they'd be likely to get.