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Ridding said the company also expects to increase headcount, though he did not specify numbers, as a result of the acquisition, with Nikkei keen to drive growth especially in Asia and North America.
The study said the net balance of companies looking increase headcount over the period fell by 14 points to minus 1%, while those looking to up their capital expenditure was down 14% to zero.
SoftBank, whose business spans telecoms, the internet and robot technology, has promised to at least double ARM's UK workforce of 1,600 and to increase headcount outside the UK over the next five years.
The funding will also be used to increase headcount, says Dowling.
It will also increase headcount in both its Israel and U.S. offices.
Smith says the company now has 27 people, and will increase headcount to 42.
Similar(39)
HP says it signed 150 new customers for Autonomy in 2013, and has increased headcount at the division by 25% since the acquisition.
After all, it is still hiring and increasing headcount.
That implies slower revenue growth, increased headcount and rising costs.
It's always tough to get budget approval for increased headcount.
Part of it will go toward increasing headcount; McElroy says Transfix should employ 75 people by this time next year.
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