ARM
ARM was a spin out of Acorn and Apple which came into being 20 years ago. The business was set up to provide the chip for the Apple Newton, but eventually developed into the World’s leading microprocessor and other silicon IP company with more than 6B ARM chips being produced each year and a market cap of £7B
Our first investment in India was in 2004 in Bangalore. We bought an existing design centre from Artisan and also started a sales operation.