ARM deal nears closure with Nvidia mulling $40B purchase from SoftBank

Softbank and Nvidia are reportedly close to making a deal over the sale of ARM Holdings, one that could be finalized in the next week and could see the British chip design firm handed over for more than $40 billion.

Malcolm Owen 5 years ago 25

Nvidia is reportedly in 'advanced talks' to acquire Arm Holdings

Graphics chipmaker Nvidia is reportedly in "advanced talks" to acquire Arm Holdings, which if completed, could be the largest deal to date in the semiconductor industry.

Mike Peterson 5 years ago 96

Apple not interested in takeover of Arm Holdings, report claims [u]

Apple was approached to discuss a potential takeover of semiconductor designer Arm Holdings, but does not plan to pursue a bid for the company, according to a new report.

Mike Peterson 5 years ago 43

Apple to contribute to second SoftBank Vision Fund, investments will focus on AI

SoftBank on Friday announced the establishment of a new Vision Fund focused on the advancement of artificial intelligence technologies, with the Japanese firm kicking in $38 billion alongside promised investments from Apple, Foxconn, Microsoft and a variety of financial institutions.

Mikey Campbell 6 years ago 1

SoftBank offers to acquire Uber shares at 30% discount, devaluing company by $20B

A group of investors led by Japan's SoftBank has reportedly made an offer to buy shares of ride-hailing service Uber, but the tender offer values the firm at a 30 percent discount, with the proposed price per share effectively knocking $20 billion off the value of the company.

Malcolm Owen 8 years ago 9

T-Mobile & Sprint said nearing agreement on merger, could sign deal in October

T-Mobile and Sprint are reportedly close to "tentative terms" on a long-rumored merger deal, and could finalize an agreement by the end of October.

Roger Fingas 8 years ago 46

Sprint & SoftBank in 'preliminary conversations' about T-Mobile merger

Sprint and its controlling investor — Japan's SoftBank — are reportedly in "preliminary conversations" about a merger with T-Mobile U.S., a move that could narrow carrier choices for Apple's U.S. iPhone buyers.

Roger Fingas 9 years ago 35

Apple mulls joining reported SoftBank-backed investment in Didi to avoid dilution of existing stake

Japanese tech giant SoftBank is reportedly in talks to back a $6 billion investment in Chinese ride-hailing firm Didi Chuxing, a move that could dilute stakes of existing backers like Apple.

Mikey Campbell 9 years ago 6

SoftBank CEO ditches investment plans for Android architect Andy Rubin's smartphone startup

SoftBank CEO Masayoshi Son has reportedly axed plans to invest $100 million in Android founder Andy Rubin's smartphone startup, reportedly because of SoftBank's close business ties to Apple.

Mike Wuerthele 9 years ago 8

Apple confirms $1 billion investment into SoftBank's 'Vision Fund' for tech business growth

Apple has confirmed its $1 billion investment in SoftBank's $100 billion SoftBank Vision Fund, of which, the upcoming Trump administration has claimed that $50 billion will be spent on U.S.-based businesses.

Mike Wuerthele 9 years ago 1

Apple said to be discussing $1 billion add into SoftBank's U.S. investment fund

Apple is reportedly considering a $1 billion investment in SoftBank's $100 billion tech company investment fund, of which, the upcoming Trump administration is claiming $50 billion will be spent on U.S.-based businesses.

Mike Wuerthele 9 years ago 6

Trump says SoftBank to invest $50B in US, hopes to create 50,000 jobs

Following a Tuesday meeting with SoftBank's chief executive, President-Elect Donald Trump tweeted that the Japanese company has agreed to invest $50 billion in U.S. business, and create 50,000 new jobs as a result.

Mike Wuerthele 9 years ago 52

Japan considers antitrust action against Apple over iPhone carrier deals

The Japanese government is considering pursuing an antitrust case against Apple because of its local carrier deals, a report said on Friday, echoing similar complaints in other countries.

Roger Fingas 9 years ago 7

Softbank to acquire Apple chip designing partner ARM for $32 billion

In a massive deal valued at $32 billion, Japanese company Softbank announced on Monday that it will acquire ARM Holdings, the company that designs specifications for low-power mobile processors, including the A-series chips found in Apple's iPhone and iPad.

Neil Hughes 9 years ago 25

SoftBank's Masayoshi Son won iPhone exclusivity after pitching Apple cellphone to Steve Jobs

In an interview earlier this week, SoftBank CEO Masayoshi Son said he scored exclusive Japanese rights to sell the first iPhone after pitching a crude drawing of an imagined iPod-cellphone hybrid to Steve Jobs. At the time, Son did not own a mobile carrier and the already-in-development iPhone was still two years out.

Mikey Campbell 12 years ago 29

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