Iyuno-SDI Group, a provider of localisation services to the media and entertainment industry, has secured a $160 million investment from SoftBank Vision Fund 2, The investment will provide Iyuno-SDI with the necessary resources to support its mission of transforming the localisation industry. SoftBank Vision Fund 2 will become one of the largest shareholders of Iyuno-SDI […]
OneWeb, now out of bankruptcy, has raised $400 million (€330m) in fresh financing. Two existing – and former investors – have pitched in with the cash; $350 million comes from Japanese media giant SoftBank and an extra $50 million from Hughes Networks Systems. SoftBank was a major early investor in OneWeb, although most of that […]
Giant UK chip-maker ARM, bought by Japanese media conglomerate SoftBank in 2016 for £24.3 billion, (€27bn) is being bought by Nvidia for around $40 billion in a probable cash+shares transaction. The deal will see Nvidia paying Softbank $21.5 billion in its own stock and $12bn in cash. Nvidia will follow with up to a further […]
A filing to the US bankruptcy court handling OneWeb’s Chapter 11 bankruptcy on August 3rd states that investors in OneWeb saw the company’s bankruptcy as likely from the middle of 2018. The key investors were SoftBank, Airbus, Qualcomm, Banco Azteca, and the Government of the Republic of Rwanda and the filing argues that these controlling […]
Japanese conglomerate SoftBank is reportedly looking to sell or restructure its stake in UK chipset maker ARM. The WSJ reports that ARM has already announced plans to restructure itself by shifting two of its Internet of Things businesses into SoftBank. SoftBank acquired ARM some 4 years ago paying $32 billion for the business but is […]