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....

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...