SoftBank to acquire semiconductor designer Ampere in $6.5B all-cash deal
SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a chip designer founded by former Intel executive Renee James, through a $6.5 billion all-cash deal as a strategic move to broaden its investment in AI infrastructure. Ampere will be operate as a wholly-owned subsidiary of SoftBank after the deal, which is expected to […] © 2024 TechCrunch. All rights reserved. For personal use only.
SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a chip designer founded by former Intel executive Renee James, through a $6.5 billion all-cash deal as a strategic move to broaden its investment in AI infrastructure. Ampere will be operate as a wholly-owned subsidiary of SoftBank after the deal, which is expected to […]
© 2024 TechCrunch. All rights reserved. For personal use only.
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