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
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
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
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
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
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
‘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. ... Read more
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
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... Read more
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... Read more