Shares Of ARM Continue To Rise After Microsoft Deal

The price of ARM shares has continued to rise after the surprising announcement last Friday that the company had signed a major agreement with the British-based company which will give it access to ARM's architecture IP.

The company's shares momentarily rose to $370 in early trading hours today before falling down to $351.60 and marks a fantastic year for the company whose shares have nearly trebled in value over the last 12 months alone, significantly outpacing the FTSE100 and other competitors.

More significantly, ARM Holding PLC is now valued at $7 billion, a price that would make even the most determined potential buyers (like Apple), think many times before committing to such an investment.

ARM will not disclose the exact terms of the agreement with Microsoft but the fact that shares went up by 15 percent since the announcement leaves no doubt as to the potential of such a combination.