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| Version 2 | Version 3 |
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| Microsoft chip deal sends Arm Holdings shares up | Microsoft chip deal sends Arm Holdings shares up |
| (about 3 hours later) | |
| Shares in chipmaker Arm Holdings rose 2.2% after Microsoft said its new Windows operating system would be able to run on chips designed by Arm. | |
| The chips are usually found in mobile phones and the deal is significant as previously Windows has been connected with Intel-designed chips. | The chips are usually found in mobile phones and the deal is significant as previously Windows has been connected with Intel-designed chips. |
| Arm shares had initially jumped 12.6% in early trading to 531p. | Arm shares had initially jumped 12.6% in early trading to 531p. |
| "While expected, we view this as a very positive [deal] long-term for Arm," UBS analysts said in a note. | "While expected, we view this as a very positive [deal] long-term for Arm," UBS analysts said in a note. |
| Microsoft will continue to use chip designs from Intel for other Windows-based products. | Microsoft will continue to use chip designs from Intel for other Windows-based products. |
| 'Significant milestone' | 'Significant milestone' |
| Microsoft chief executive Steve Ballmer made the announcement during his keynote speech that opened the Consumer Electronics Show (CES) in Las Vegas. | Microsoft chief executive Steve Ballmer made the announcement during his keynote speech that opened the Consumer Electronics Show (CES) in Las Vegas. |
| Arm chief executive Warren East said the announcement marked a "significant milestone" for the company. | Arm chief executive Warren East said the announcement marked a "significant milestone" for the company. |
| Windows combined with Arm technology would "enable innovative platforms to realise the future of computing, ultimately creating new market opportunities and delivering compelling products to consumers", he said. | Windows combined with Arm technology would "enable innovative platforms to realise the future of computing, ultimately creating new market opportunities and delivering compelling products to consumers", he said. |
| Microsoft's mobile version of Windows already runs on Arm-designed chips. | Microsoft's mobile version of Windows already runs on Arm-designed chips. |
| About 80% of all mobiles, including Apple's iPhone 4, are built around chips made from Arm designs. | About 80% of all mobiles, including Apple's iPhone 4, are built around chips made from Arm designs. |
| Determination | Determination |
| Arm, which was founded in 1990 and employs 1,700 people, has its headquarters in Cambridge in the UK, but also has operations in France, India, Sweden and the US. | Arm, which was founded in 1990 and employs 1,700 people, has its headquarters in Cambridge in the UK, but also has operations in France, India, Sweden and the US. |
| The importance of the deal is "hard to overstate", according to Gareth Evans, analyst at brokers Investec. | The importance of the deal is "hard to overstate", according to Gareth Evans, analyst at brokers Investec. |
| "The confirmation shows a determination on the part of Microsoft to compete seriously with Apple and Google Android-based devices in the tablet and portable device market," he said. | "The confirmation shows a determination on the part of Microsoft to compete seriously with Apple and Google Android-based devices in the tablet and portable device market," he said. |
| "The new technology will eventually apply to a group of products, not just tablets, although it will realistically be two to three years before Arm-based products will be released." | "The new technology will eventually apply to a group of products, not just tablets, although it will realistically be two to three years before Arm-based products will be released." |