Articles from SoftBank Group Corp.

SoftBank Group Corp. (TSE: 9984, “SoftBank Group”) today announced that it will acquire Ampere® Computing, a leading independent silicon design company, in an all-cash transaction valued at $6.5 billion. Under the terms of the agreement, Ampere will operate as a wholly owned subsidiary of SoftBank Group and retain its name. As part of the transaction, Ampere’s lead investors – Carlyle (NASDAQ: CG) and Oracle Corp. (NYSE: ORCL) – are selling their respective positions in Ampere.

SoftBank Group Corp. (TOKYO: 9984) announced that it has published its Annual Report for the fiscal year ended March 31, 2023. The SoftBank Group Report contains financial information as well as broader commentary on SoftBank Group’s performance, strategy and go-forward plans.

SoftBank Group Corp. (“SBG”)(TOKYO: 9984) announced today that it has been selected as a Sustainability Yearbook Member for the second consecutive year and listed in The Sustainability Yearbook 2023, a ranking of companies with outstanding sustainability performance assessed by S&P Global, a global research and evaluation company in the field of ESG investment.

SoftBank Group Corp. (TOKYO: 9984) announced that it has published its Sustainability Report 2022 for the fiscal year ended March 31, 2022.

SoftBank Group Corp. (TOKYO: 9984) today announced that it has published its Annual Report for the fiscal year ended March 31, 2022. The SoftBank Group Report contains financial information as well as broader commentary on SoftBank Group’s performance, strategy and go-forward plans.

SoftBank Group Corp. (“SoftBank”) today announced that Alex Clavel, currently Managing Partner at SoftBank Group International (“SBGI”), has been appointed as Chief Executive Officer of SBGI, effective June 30, 2022. Mr. Clavel will succeed Michel Combes, who has decided to leave SoftBank to pursue new opportunities.

SoftBank Group Corp. (“SoftBank Group”) today announced that the $100 million SB Opportunity Fund has been deployed in more than 70 companies founded by Black and Latinx founders in the U.S. – and will continue as an uncapped, evergreen fund as part of SoftBank Group’s ongoing commitment to invest in underrepresented founders.

NVIDIA (NASDAQ: NVDA) and SoftBank Group Corp. (“SBG” or “SoftBank”) today announced the termination of the previously announced transaction whereby NVIDIA would acquire Arm Limited (“Arm”) from SBG. The parties agreed to terminate the Agreement because of significant regulatory challenges preventing the consummation of the transaction, despite good faith efforts by the parties. Arm will now start preparations for a public offering.

SoftBank Group Corp. (“SoftBank”) today announced that the company and Marcelo Claure have mutually agreed to part ways after a successful nine-year partnership. In conjunction with Mr. Claure’s departure, Michel Combes has been appointed as CEO of SoftBank Group International (“SBGI”). In this position, he will oversee SoftBank Group International’s operating and investment portfolio*.

CRM&BONUS, the first and only full service giftback platform in the world, today announced it has raised over R$280 million, which values the company at R$1 billion. The round was led by the SoftBank Latin America Fund, Riverwood Capital, Igah Ventures and Volpe Capital.

SoftBank Group Corp. (“SoftBank” or “SBG”) today announced the launch of the SoftBank Latin America Fund II (“Fund II”), its second dedicated private investment fund focused on technology companies in the Latin American market with an initial US$3 billion commitment. Fund II will explore options to raise additional capital.

SoftBank Group Corp. (“SoftBank”) today announced that it has entered into a strategic partnership and equity share swap agreement with Deutsche Telekom AG (“DT”). Under the strategic partnership between the two companies, SoftBank’s more than 300 portfolio companies gain access to an additional, approximately 240 million DT customers across Europe and the US, providing these portfolio companies the ability to scale quickly and at a low cost. DT will benefit from ARPU increase, churn reduction and JV participation.

SoftBank Group Corp. (“SBG”) today announced that Mark Kornblau will join SBG as Global Head of Communications, effective August 16. Mr. Kornblau joins SBG from the NBCUniversal News Group, where he is currently Executive Vice President of Communications.