Friday, 24 November 2017

Softbank to sell 25% of ARM to its own VC fund

By Nick Wood, Total Telecom
Wednesday 08 March 17

Japanese telco to reportedly offer $8bn stake in chip designer to secure backing from U.A.E.-based investors.

Softbank plans to sell 25% of its ARM unit to the Softbank Vision Fund, a venture capital fund it is in the process of building in partnership with several wealthy investors, it emerged on Wednesday. Sources cited by the Financial Times claimed that the stake…

Softbank plans to sell 25% of its ARM unit to the Softbank Vision Fund, a venture capital fund it is in the process of building in partnership with several wealthy investors, it emerged on Wednesday. Sources cited by the Financial Times claimed that the stake…

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