The author is a Reuters Breakingviews columnist. The opinions expressed are her own.
Dutch microchip printer maker ASML could be an analogue to takeover target ARM if two of tech’s biggest ideas merit the hype. Japan’s SoftBank has agreed to pay 24.3 billion pounds ($32 billion) for UK chip designer ARM on the basis that it will be a prime beneficiary of “the internet of things”, where appliances chat to one another over the worldwide web. That in turn should create masses of “big data” that companies can crunch to learn more about their customers. And that is where ASML, which beat analyst expectations of second-quarter earnings on July 20, comes in.