On Wednesday, SoftBank Group SFTBF SFTBY announced that it has acquired Ampere Computing in a $6.5 billion deal, with the transaction expected to close in the second half of 2025.
What Happened: Ampere, backed by Oracle Corp ORCL and Carlyle Group Inc. CG, designs high-performance server chips based on Arm Holdings PLC – ADR ARM architecture.
Both Oracle and Carlyle will sell their stakes as part of the transaction.
Founded in 2017 by Renee James, a former Intel Corp president,…
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https://in.benzinga.com/25/03/44409322/masayoshi-sons-softbank-buys-oracle-backed-ampere-for-65-billion-to-power-us-ai-push
