These include the company getting most of its revenue from Asia and North America, the fall in the value of the British pound, and a lack of significant overlap between ARM and the SoftBank Group. My two cents: ARM's top management will stay in place and the company will increase its employee ranks in the U.K., but it should be abundantly clear that the IoT is going to shake up far more than just one company or one country or one market. The IoT is a global race rolling out across a global economy. The stakes are huge, the acquisitions are unlikely to abate, and the sources of those deals can come from markets and regions and places where no one is currently looking. More surprises are very likely. Related Stories Softbank To Buy ARM For $32.34B Move would transform Japanese telecommunications giant into key player in processor market. More Consolidation Ahead China and other big players will wait until the price of borrowed capital increases before making big moves.