It is funny how some things turn out. When everyone expects conservatism and slow movement to be the norm, it is refreshing to see such a decisive move. ARM is a true world leader in the tech space that was born here in the UK. It is just the sort of business we aspire to invest in from the early stage. 

For its part, SOFTBANK has a long track record of decisive moves (full disclosure: early in my career I worked for SOFTBANK Europe Ventures, the $1bn+ VC business they set up in 2000). Not all of these moves work out but often they do and SOFTBANK are masters of continual re-invention and seizing opportunity.