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Why SoftBank's Big Bet On ARM Is Actually Good News for Intel and Qualcomm

SoftBank Group's (SFTBY) aggressive $32 billion bet on chip designer ARM Holdings ARMH highlights the tech market's growing interest in and enthusiasm for the Internet of Things (IoT). And analysts say the takeout will likely have more positives than negatives for other semiconductor companies with exposure to IoT, including chipmakers such as Intel (INTC) and Qualcomm (QCOM) .

On Monday, Japan's SoftBank said that it has agreed to acquire ARM Holdings of the U.K. for £24.3 billion...