iPhone Makes ARM Most Expensive Chip Takeover Target

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An employee holds a Motorola mobility Inc. Xoom tablet device, which... News PhotoBusiness,Cambridge - England,Computer Chip,Corporate Business,Economy,Equipment,Europe,Headquarters,Horizontal,Motorola,Occupation,Technology,UK,WorkingPhotographer Collection: Bloomberg 2011 BloombergAn employee holds a Motorola mobility Inc. Xoom tablet device, which contains an ARM microprocessor chip, at the ARM Holdings Plc headquarters in Cambridge, U.K., on Wednesday, March 16, 2011. ARM Holdings Plc's stock has rallied so fast that the designer of chips that help power Apple Inc.'s iPhone is now the most expensive takeover target in the semiconductor industry since 2006. Photographer: Chris Ratcliffe/Bloomberg via Getty Images