SoftBank
Nvidia, SoftBank Abandon $40 Billion USD Arm Acquisition
Nvidia and SoftBank have confirmed the termination of the Arm acquisition, which has faced multiple investigations since it was first announced. Graphics giant Nvidia will no longer be spending $40 billion USD to acquire Arm, parent company SoftBank has announced, citing "significant regulatory challenges." "Arm has a bright future, and we’ll continue to support them...
NVIDIA Preparing to Abandon $40 Billion USD Purchase Of Arm: Bloomberg
NVIDIA might be relinquishing its efforts to acquire chip maker Arm after facing numerous hurdles presented by regulators. Bloomberg reports that NVIDIA is quietly preparing to abandon its $40 billion USD acquisition of Arm from Softbank in the wake of pushback from Arm partners and regulatory scrutiny. As a result, Softbank will likely look at taking...
Apple Reportedly Held Preliminary Talks With SoftBank Over Arm Acquisition
Apple reportedly held preliminary talks with SoftBank over the prospect of bidding for its chip design branch Arm. A new report from Bloomberg explains that the two firms have had preliminary discussions, but Apple is not planning to pursue a bid in SoftBank's chip design firm Arm. According to Bloomberg's Mark Gurman: SoftBank Group Corp. approached Apple Inc....
iPhone Chip Designer Reports Huge Increase in Revenue After Acquisition by SoftBank
ARM Holdings, the British company that designs various chips for the iPhone, has reported a huge increase in revenue following the acquisition by SoftBank. The Cambridge-based company saw a 44 percent increase in quarterly revenue to £508 million. The Telegraph reports that this increase is likely due to last year's takeover by the Japanese tech giant SoftBank....
Apple Confirms $1 Billion Investment in SoftBank’s Tech Fund
Last month, it was reported Apple had invested $1 billion into Japanese internet and telecom giant SoftBank’s technology fund, and this morning the iPhone maker confirmed the investment, reports the Wall Street Journal. Apple spokeswoman Kristin Huguet told the WSJ, “We believe their new fund will speed the development of technologies which may be strategically […]
Apple May Invest $1 Billion in Softbank’s Tech Fund: Report
The Wall Street Journal reports that Apple has negotiated with Japanese internet and telecom giant SoftBank (owner of Sprint) about investing up to $1 billion in what the newspaper calls "the world's largest technology fund". SoftBank is attempting to raise $100 billion for its SoftBank Vision Fund, and if Apple decides to invest, it would connect the...
Japanese Carrier Releases Two Limited Edition Star Wars-Themed Smartphones
“Rogue One: A Star Wars Story” is just around the corner, but fans in Japan can get a little treat ahead of time: Japanese mobile carrier SoftBank has announced a new Star Wars phone that will come in two variants, Dark and Light side editions, according to a report from The Next Web. Whether you choose […]
SoftBank to Acquire UK-Based Chip Designer ARM for $32 Billion in Cash
Japanese company SoftBank has announced that it will acquire Cambridge, UK-based chip designer ARM Holdings for more than $32 billion in cash, a strong bet on the future of the Internet of things. The deal is subject to the approval of ARM’s shareholders and of the English court (via the Financial Times, the WSJ). “ARM will...
Masayoshi Son Had iPhone Exclusivity Before Owning Carrier in Japan
SoftBank CEO Masayoshi Son says he sealed exclusive rights for carrying the iPhone with the help of a rough sketch of an iPod-like mobile phone. The details were revealed in an interview that aired earlier this week. The story begins two years before the launch of the original iPhone. The two met after Son had...