US EditionFTC seeks more information about SoftBank's Ampere deal, Bloomberg News reports
UNITED STATES, JUL 2 – The Federal Trade Commission's extended inquiry reflects antitrust concerns over SoftBank's acquisition, with only a small portion of deals receiving such scrutiny, potentially delaying closure beyond 2025.
- Earlier this week, SoftBank Group Corp faced an in-depth FTC investigation into its $6.5 billion Ampere Computing deal, following a formal second request for information.
- The FTC’s second request for information reflects extended review, stemming from past regulatory hurdles to SoftBank's Arm sale and ongoing licensing disputes with Qualcomm.
- The FTC's second request targets Ampere's server processors powering data centres, with investigations often lasting over a year and potentially leading to lawsuits.
- The FTC's investigation could delay SoftBank's planned 2025 AI infrastructure projects like Stargate and OpenAI, potentially affecting industry growth and market competition.
- Beyond this deal, SoftBank’s majority stake in Arm and Qualcomm’s antitrust claims could set a precedent for stricter semiconductor M&A scrutiny amid rising industry competition.
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MSNFTC seeks more information about SoftBank's Ampere deal, Bloomberg News reports
The U.S. Federal Trade Commission is seeking more details about SoftBank Group Corp's planned $6.5 billion purchase of semiconductor designer Ampere Computing, Bloomberg News reported on Tuesday.The inquiry, known formally as a second request for information, suggests the acquisition may undergo an extended g
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C 38%
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