US EditionSoftBank to acquire chip designer Ampere in $6.5 billion deal
- SoftBank is acquiring Ampere Computing, a chip design startup, for $6.5 billion in cash, as stated in their announcement on Wednesday.
- Ampere will continue as a subsidiary and retain its name and headquarters in Santa Clara, California, with the deal expected to close in the second half of 2025.
- Masayoshi Son, CEO of SoftBank, stated that Ampere's semiconductor expertise will help accelerate advancements in AI.
- Renee James, founder of Ampere, expressed excitement about joining SoftBank and advancing their AmpereOne roadmap for high-performance processors and AI.
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Softbank to buy Ampere Computing for $6.5 billion
The NewsJapanese investment group Softbank said Wednesday that it had agreed to buy US chip startup Ampere Computing for $6.5 billion, deepening its push into artificial intelligence infrastructure.Ampere makes processors for data centers based on a design by Arm, a British chipmaker that Softbank acquired in 2016.“The future of Artificial Super Intelligence requires breakthrough computing power,” Softbank CEO Masayoshi Son said. “Ampere’s exper…
·New York, United States
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