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...
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...
‘Acquisition of ARM will cost Nvidia more than 30 billion dollars’
Nvidia is supposedly in advanced talks with SoftBank for the acquisition of ARM. The chip company is rumoured to have a price tag of more than 32 billion dollars (27 billion euros).
ARM creates chip designs used by many big names in the tech world, including Qualcomm, Apple, Samsung and Nvidia. ...
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...
SoftBank leaves many questions open at unveiling Vision Fund II of 108 billion dollars
SoftBank has announced plans for a second Vision Fund, which may contain more than 108 billion dollars. However, CEO Masayoshi Son has left many questions unanswered at the unveiling.
SoftBank's first Vision Fund was launched in 2017 and contained no less than 97 billion dollars. That was the larges...
Merger T-Mobile US and Sprint can continue if parent companies block Huawei’.
T-Mobile US Inc. and Sprint Corp. believe that their planned merger will be easier for the American authorities to proceed. That's what the companies think now that their foreign owners have offered to stop using Huawei's technology altogether. It shows how far Washington goes to exclude the Chinese...
Ericsson’s software problem causes global smartphone malfunctions
Due to a problem with software in Ericsson equipment, there are worldwide failures in networks for mobile phones. TechCrunch reports that O2 users in Great Britain and SoftBank users in Japan, among others, are affected by this.
Due to the disruptions, it is not possible for users of the affected ne...
Automation Anywhere raises $300 million for RPA technology
The market for Robot Process Automation (RPA) is growing slowly. This also means that more and more companies are jumping on board and investing in it. Today Automation Anywhere announces that it has raised $300 million from a SoftBank Vision Fund investment.
This brings the total value of Automatio...
Toyota and SoftBank enter into joint venture on self-propelled cars
Toyota and SoftBank have set up a joint venture for self-propelled cars. The intention is that Toyota's e-Palette concept will be realised within this joint venture. It is also hoped that the development of services around autonomous vehicles will accelerate.
The two companies are working together t...