Skip to main content

SoftBank Said to Have Bought Vision Fund's Stake in Arm for $64 Billion

SoftBank Group has acquired the 25 percent stake in Arm it does not directly own from its Vision Fund unit in a deal that values the chip designer at $64 billion (nearly Rs. 5,32,350 crore), according to people familiar with the matter. Details of the transaction will be unveiled on Monday when Arm makes public the filing for its blockbuster stock market launch.

from Gadgets 360 https://ift.tt/p2TSPlV
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

Technology adoption gets new life in Covid-19 times

With the young discovering old ways to connect and the old connecting with the new, the Covid-19 outbreak has turned some assumptions about technology and the demographics of the Internet on its head. from Tech-Economic Times https://ift.tt/2UqFqfH
Post a Comment
Read more