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Topic: Softbank

Nvidia buying ARM for record-breaking $40 billion

09/13/2020, 08:09 pm

After weeks of speculation, Nvidia has announced that it has agreed to buy SoftBank's ARM for $40 billion dollars, making it the largest chip manufacturer deal in history.

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

09/12/2020, 05:09 pm

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.

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

07/31/2020, 01:07 pm

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.

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

07/22/2020, 04:07 pm

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.

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SoftBank considering sale or IPO of chip design company Arm Holdings

07/13/2020, 05:07 pm

Amid the early stages of Apple's transition to ARM-based silicon, SoftBank is reportedly mulling a sale or public offering of Arm Holdings.

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

07/25/2019, 09:07 pm

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.

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

11/28/2017, 12:11 pm

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.

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

09/22/2017, 09:09 am

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.

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

05/12/2017, 10:05 am

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.

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

03/28/2017, 12:03 am

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.

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

03/20/2017, 02:03 pm

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.

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

01/04/2017, 02:01 pm

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.

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

12/12/2016, 03:12 pm

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.

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

12/06/2016, 02:12 pm

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.

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Japan considers antitrust action against Apple over iPhone carrier deals

09/23/2016, 09:09 am

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.

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

07/18/2016, 08:07 am

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.

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

03/12/2014, 10:03 pm

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.

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SoftBank shows massive income growth behind demand for Apple's iPhone

10/31/2013, 11:10 am

Japanese telecommunications company SoftBank on Thursday reported a robust 29 percent year-over-year jump in net income for its mobile division, which the carrier attributes primarily to sales of Apple's iPhone.

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Sprint now officially under SoftBank control after $21.6B deal

07/10/2013, 10:07 pm

Sprint on Wednesday announced that it has successfully completed a deal with Japanese telecommunications and Internet services giant SoftBank, which now owns a controlling 78 percent stake of the U.S. wireless carrier.

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FCC clears way for SoftBank to buy Sprint, Sprint to buy Clearwire

07/05/2013, 05:07 pm

The U.S. Federal Communications Commission on Friday announced the removal of the last barrier to a three-company merger that will see Japan's SoftBank take control of Sprint Wireless, which itself is set to take over Clearwire.

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