First recorded (as “In Your Arms”) by Diana Ross (1982).
Hit version by Teddy Pendergrass & Whitney Houston (US #46/MOR #6/R&B #5/UK #44 1984).
From the wiki: “‘Hold Me’, originally titled ‘In Your Arms’, was written by Linda Creed & Michael Masser (‘The Greatest Love of All‘), and was first recorded by Diana Ross for her 1982 album Silk Electric.
“In 1984, the song was recorded as a duet by Teddy Pendergrass and Whitney Houston. That recording was released simultaneously as a single in 1984 by both Pendergrass (from his album Love Language) and Houston (from her self-titled debut album, Whitney).”
Teddy Pendergrass & Whitney Houston, “Hold Me” (1984):