Softbank buys up Arm shares to boost stock market value
Softbank has acquired the stake in subsidiary Arm from its own start-up investment fund Vision Fund. The deal should bring Arm's market capitalization to the desired $64 billion.
Softbank has struck a deal to acquire all Arm shares from its investment vehicle Vision Fund, reports Reuters. Parent... Read more
Italian investment fund Exor becomes largest Philips shareholder
Italian investment fund Exor recently bought up a 15 percent stake in Philips. The fund invested a sum of 2.6 billion euros in the Dutch company.
Exor is the investment fund of the well-known Italian entrepreneurial Agnelli family, founders and owners of Fiat and shareholder of such brands as Fe... Read more
Netherlands get NATO tech investment fund NIF
The new tech investment fund Nato Investment Fund (NIF) will be set up in the Netherlands. The headquarters of the investment fund will be located in Amsterdam.
With the investment fund being located in Amsterdam the intensive lobbying by the Dutch government and industry associations for tech s... Read more
SentinelOne launches €101 million startup investment fund
SentinelOne launched S-Ventures, an investment fund for promising startups in security and data.
The initial fund features $100 million (€101 million) for investments in solutions that help companies solve important challenges. S-Ventures is looking for startups of all stages that can bring i... Read more
Qualcomm invests $200 million in 5G start-ups
Qualcomm is working on 5G hardware for smartphones and other devices. However, the company also wants startups to get involved in this market and to develop new use cases for 5G. To this end, it is now setting up an investment fund.
Through the new Qualcomm Ventures 5G Ecosystem Fund, Qualcomm h... Read more
Qualcomm sets up new investment fund for AI projects on devices
Qualcomm has started a new startup fund designed to give on-device Artificial Intelligence (AI) projects a chance. The so-called Qualcomm Ventures AI Fund invests up to 100 million dollars in "startups that transform AI", reports ZDNet.
The company explains that the fund will focus on start-ups that... Read more