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SoftBank said it's acquiring chip designer Ampere Computing for $6.5 billion in cash. Ampere will operate as a subsidiary, keeping its name and headquarters in Santa Clara. SoftBank's CEO said the ...

SoftBank Group Corp. late today confirmed that it will buy the chipmaker Ampere Computing LLC in a deal that’s valued at $6.5 billion.

Under the terms of the agreement, SoftBank will acquire Ampere for $6.5 billion in cash. The transaction is subject to ...

The transaction is expected to close later this year. As part of the deal, Ampere will become an independent subsidiary under Softbank, with its headquarters to remain in Santa Clara, California. The ...

The Japanese conglomerate has partnered with OpenAI to develop AI data centres in Japan and the U.S., investing billions in ...

SoftBank Corp has deployed its converged AI-RAN solution at Nvidia's headquarters in Santa Clara, California. According to ...

Post-acquisition, Ampere will remain an independent subsidiary of SoftBank, keeping its name and headquarters. SoftBank explored a minority stake in Ampere in 2021 when the company was valued at ...

AsianFin -- SoftBank Group has finalized a $6.5 billion all-cash deal to acquire Ampere Computing LLC, a semiconductor designer specializing in data center processors. The acquisition underscores ...

Ampere will operate as a wholly owned subsidiary of SoftBank, retaining both its name and Santa Clara headquarters. Ampere makes processors for data center machinery including technology used by ...