Tag: SoftBank

Here you will find all the articles with the tag: SoftBank.

Arm goes public, SoftBank retains majority stake

Arm goes public, SoftBank retains majority stake

The future of Arm is taking shape. SoftBank, the current owner, confirmed that it's going public and retaining a majority stake. Most CPUs are designed by either Intel or Arm. Though Intel remains the largest player by far, no one can ignore Arm. In 2021, market researchers from Mercury Research... Read more

date17 days ago
SoftBank intends to keep its controlling stake in Arm after IPO

SoftBank intends to keep its controlling stake in Arm after IPO

According to sources familiar with the matter, SoftBank Group Corp. plans to hold a majority share in Arm Ltd. following the scheduled initial public offering of the semiconductor company, selling a lower amount than initially intended. After a deal to sell Arm to Nvidia fell through earlier thi... Read more

date1 month ago
SK Hynix CEO: ‘I want to buy Arm’

SK Hynix CEO: ‘I want to buy Arm’

SK Hynix is considering the acquisition of Arm. "We are reviewing the possibility of forming a consortium to jointly acquire it." "I want to buy Arm, entirely or not", said CEO Park Jung-ho during an annual shareholder meeting. "It doesn't have to be a majority of shares to be able to control th... Read more

date2 months ago
SoftBank aims for 54 billion euros with Arm IPO

SoftBank aims for 54 billion euros with Arm IPO

SoftBank's IPO plans are definitive: Arm will be listed on the stock exchange. The Japanese tech giant has taken the first steps and values Arm at over €54 billion ($60 billion). Bloomberg reports that SoftBank hired financial specialists from Goldman Sachs, JPMorgan Chase & Co and the Miz... Read more

date2 months ago
HR tech startup gets investment from Softbank’s Vision Fund

HR tech startup gets investment from Softbank’s Vision Fund

Sense – an AI-driven talent engagement platform – has been raising funding for the past few months, is now closing in on 50 million. The Series D round was headed by SoftBank Vision Fund 2 with investments from other major players, including Norwest Venture Partners, AME Cloud Ventures LLC., Be... Read more

date6 months ago
Alkami announces IPO, SoftBank investing big in AutoStore

Alkami announces IPO, SoftBank investing big in AutoStore

Fintech company Alkami has announced its intention to go public. The company expects to raise 150 million dollars. In other financial news, SoftBank has bought a 40 percent stake in robotics company AutoStore. Alkami expects its shares to be worth between 22 and 25 dollars each. This corresponds... Read more

date1 year ago
Nvidia acquires ARM for 40 billion dollars

Nvidia acquires ARM for 40 billion dollars

Nvidia has reached an agreement with investor Softbank on the acquisition of ARM. The deal is worth 40 billion U.S. dollars (33.7 billion euros). With ARM, Nvidia wants to strengthen its focus on artificial intelligence (AI). Jensen Huang, the CEO of Nvidia, talks about a combined company that i... Read more

date2 years ago
ARM reverses IoT spin-off to Softbank

ARM reverses IoT spin-off to Softbank

ARM has reversed its plans to transfer its IoT platform Pelion and Treasure Data component to Softbank. The two components will continue independently under the management of ARM. ARM announced in July that it would transfer its IoT divisions to its parent company SoftBank in September. At the t... Read more

date2 years ago
Nvidia is reportedly talking with SoftBank about acquiring Arm

Nvidia is reportedly talking with SoftBank about acquiring Arm

Nvidia has shown interest in acquiring SoftBank's chip manufacturer Arm. Bloomberg reported that the two companies are in early talks. This could mean a big change in the chip market. SoftBank acquired Arm back in 2016 for $32 billion. Earlier this month, it was reported that they were exploring... Read more

date2 years ago
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