9 Articles
9 Articles
SoftBank completes acquisition of chipmaker Ampere Computing
The Japanese company said in a statement Wednesday that the impact of the deal on its finances and earnings is under review; SoftBank shares rose as much as 8 per cent Wednesday morning in Tokyo
SoftBank Completes Ampere Acquisition Amid Stock Decline Tensions
SoftBank Group has completed the acquisition of all equity interests in Ampere Computing. The deal makes Ampere a wholly owned subsidiary of SoftBank and brings the semiconductor firm into SoftBank’s consolidated financial statements. SoftBank carried out the takeover through its subsidiary Silver Bands 6 (US) Corp. The company said it is reviewing the financial impact of the transaction and will disclose details if required. Ampere, a Santa Cl…
SoftBank closes Ampere acquisition
SoftBank Group completed the acquisition of Ampere Computing, making the US-based chip designer a wholly owned subsidiary eight months after reaching a deal to buy it for $6.5 billion. In a statement, SoftBank noted the impact of the takeover on its consolidated financial results is currently under review. Ampere posted on X it is “proud to be a part of SoftBank Group, enabling Masayoshi Son’s vision for AI and continuing to drive forward with o…
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