Annual report and accounts 2008

29Principal subsidiaries and associates

Details of principal subsidiary undertakings are shown below. Not all subsidiaries are included as the list would be excessive in length.

Principal subsidiaries and associates
Name of undertaking	Country of registration	Principal activity
ARM Limited	England and Wales	Marketing, research and development of RISC-based microprocessors	100*
ARM Inc.	US	Marketing and development of RISC-based microprocessors; and marketing, research and development of physical IP components	100
ARM KK	Japan	Marketing of RISC-based microprocessors	100
ARM Korea Limited	South Korea	Marketing of RISC-based microprocessors	100
ARM France SAS	France	Development of RISC-based microprocessors and of silicon-on-insulator IP	100
ARM Belgium NV	Belgium	Development of data engine microprocessors	100
ARM Norway AS	Norway	Marketing, research and development of graphics IP	100
ARM Sweden AB (formerly Logipard AB)	Sweden	Marketing, research and development of video IP	100
ARM Germany GmBH	Germany	Marketing and development of RISC-based microprocessors, integrated processor modelling solutions and microcontroller tools	100
ARM Embedded Technologies Pvt. Ltd.	India	Marketing, research and development of RISC-based microprocessors and physical IP	100
ARM Physical IP Asia Pacific Pte. Ltd.	Singapore	Marketing of physical IP	100
ARM Taiwan Limited	Taiwan	Marketing of RISC-based microprocessors	99.9
ARM Consulting (Shanghai) Co. Ltd.	PR China	Marketing of RISC-based microprocessors	100

*The Company itself owns less than 1% of the share capital of ARM Limited, the remaining shares are held indirectly through ARM Finance UK Limited and ARM Finance UK Three Limited. Both ARM Finance UK Limited and ARM Finance UK Three Limited are 100% owned within the Group.

Nominees of the Company hold 100% of the ordinary share capital of ARM Employee Benefit Trustee Ltd, a company which acts as trustee to the Group’s ESOP.

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