Subject: General Tech, Graphics Cards | May 27, 2017 - 12:18 AM | Tim Verry
Tagged: vision fund, softbank, nvidia, iot, HPC, ai
SoftBank, the Tokyo, Japan based Japanese telecom and internet technology company has reportedly quietly amassed a 4.9% stake in graphics chip giant NVIDIA. Bloomberg reports that SoftBank has carefully invested $4 billion into NVIDIA avoiding the need to get regulatory approval in the US by keeping its investment under 5% of the company. SoftBank has promised the current administration that it will invest $50 billion into US tech companies and it seems that NVIDIA is the first major part of that plan.
NVIDIA's Tesla V100 GPU.
Led by Chairman and CEO Masayoshi Son, SoftBank is not afraid to invest in technology companies it believes in with major past acquisitions and investments in companies like ARM Holdings, Sprint, Alibaba, and game company Supercell.
The $4 billion-dollar investment makes SoftBank the fourth largest shareholder in NVIDIA, which has seen the company’s stock rally from SoftBank’s purchases and vote of confidence. The (currently $93) $100 billion Vision Fund may also follow SoftBank’s lead in acquiring a stake in NVIDIA which is involved in graphics, HPC, AI, deep learning, and gaming.
Overall, this is good news for NVIDIA and its shareholders. I am curious what other plays SoftBank will make for US tech companies.
What are your thoughts on SoftBank investing heavily in NVIDIA?
Subject: General Tech, Processors | March 11, 2017 - 10:02 PM | Tim Verry
Tagged: softbank, investments, business, arm
Japanese telecom powerhouse SoftBank, which recently purchased ARM Holdings for $32 billion USD is reportedly in talks to sell off a 25% stake in its new subsidiary to a new investment fund. Specifically, the New York Times cites a source inside SoftBank familiar with the matter who revealed that SoftBank is in talks with the Vision Fund to purchase a stake in ARM Holdings worth approximately $8 billion USD.
The $100 billion Vision Fund is an investment fund started by SoftBank founder Masayoshi Son with a goal of investing in high growth technology start-ups and major technology IP holders. The fund is currently comprised of investments from SoftBank worth $25 billion, $45 billion from Saudi Arabia (via Saudi Arabia Public Investment Fund), and minor investments from Apple and Oracle co-founder Lawrence Ellison. The fund is approximately 75% of the way to its $100 billion funding goal with the state owned Mubadala Development investment company in Abu Dhabi and the Qatari government allegedly interested in joining the fund. The Vision Fund is based in the UK and led by SoftBank's Head of Strategic Finance Rajeev Mistra (Investment bankers Nizar al-Bassam and Dalin Ariburnu formerly of Deutsche Bank and Goldman Sachs respectively are also involved.)
It is interesting that SoftBank plans to sell off such a large stake in ARM Holdings so soon after purchasing the company (the sale finalized only six months ago), but it may be a move to entice investors to the investment fund which SoftBank is a part of to further diversify its assets. The more interesting question is the political and regulatory reaction to this news and what it will mean for ARM and its IP to have even more countries controlling it and its direction(s). I do not have the geopolitical acumen to speculate on whether this is a good or bad thing (heh). It does continue the trend of countries outside of the US increasing their investments in established technology companies with lots of IP (wether US based or not) as well as new start ups. New money entering this sector is likely overall good though, at least for the companies involved heh.
I guess we will just have to wait and see if the sale completes and where ARM goes from there! What are your thoughts on the SoftBank sale of a quarter stake in ARM?
Subject: General Tech | July 21, 2016 - 12:21 PM | Ryan Shrout
Tagged: Wraith, Volta, video, time spy, softbank, riotoro, retroarch, podcast, nvidia, new, kaby lake, Intel, gtx 1060, geforce, asynchronous compute, async compute, arm, apollo lake, amd, 3dmark, 10nm, 1070m, 1060m
PC Perspective Podcast #409 - 07/21/2016
Join us this week as we discuss the GTX 1060 review, controversy surrounding the async compute of 3DMark Time Spy and more!!
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Hosts: Ryan Shrout, Allyn Malventano, Jeremy Hellstrom, and Josh Walrath
Subject: Processors, Mobile | July 18, 2016 - 12:03 AM | Sebastian Peak
Tagged: softbank, SoC, smartphones, mobile cpu, Cortex-A73, ARM Holdings, arm, acquisition
ARM Holdings is to be aquired by SoftBank for $32 billion USD. This report has been confirmed by the Wall Street Journal, who states that an official annoucement of the deal is likely on Monday as "both companies’ boards have agreed to the deal".
(Image credit: director.co.uk)
"Japan’s SoftBank Group Corp. has reached a more than $32 billion deal to buy U.K.-based chip-designer ARM HoldingsPLC, marking a significant push for the Japanese telecommunications giant into the mobile internet, according to a person familiar with the situation." - WSJ
ARM just announced their newest CPU core, the Cortex-A73, at the end of May, with performance and efficiency improvements over the current Cortex-A72 promised with the new architecture.
(Image credit: AnandTech)
We will have to wait and see if this aquisition will have any bearing on future product development, though it seems the acquisition targets the significant intellectual property value of ARM, whose designs can be found in most smartphones.
Subject: General Tech | July 6, 2013 - 07:40 PM | Tim Verry
Tagged: Sprint, spectrum, softbank, LTE, FCC, clearwire, 4g lte
The FCC recently approved the acquisitions of Clearwire and Sprint Nextel by Japanese company Softbank. The deals have already been approved by the shareholders and the US DoJ. Now, with the FCC red tape out of the way, the acquisitions can move forward and are expected to be completed later this month.
Specifically, Sprint Nextel will be acquiring Clearwire, and it will in turn be bought out by Softbank.Softbank is Japans third largest mobile carrier with approximately 22% of the market last year. Sprint shareholders approved the acquisition on June 25th in a deal now valued at around $21.6 billion. The FCC commented that the deal would have "no adverse competitive effects" due to the merger because Softbank and Sprint are not domestic competitors.
In fact, the FCC believes that the SoftBank acquisition may help competition among the wireless carriers in the US as SoftBank will be able to add resources and expertise to Sprint, including adding additional captial to aid in Sprint's Network Vision plans to roll out nationwide LTE and upgrade all of its existing towers to multinode base stations that can operate on multiple simultaneous bands, including Sprint's 800 MHz and 1.9GHz spectrum. The Clearwire 2.5GHz spectrum may also play a part in the Network Vision upgrade and add even more bandwidth to Sprint's LTE arsenal.
Sprint/SoftBank plans to bring LTE to 200 million people in the US by the end of 2013, with more upgrades coming in the future. The extra resources from SoftBank will help Sprint to take on Verizon and AT&T in the US, which is both good news for consumers and for Sprint.
In addition to SoftBank acquiring Sprint Nextel, Sprint will be acquiring Clearwire for $2.2 billion. This will give Sprint full control over the 2.5GHz spectrum, and is happening in spite of Dish's complaints and counter bids. Sprint will control a wide range of spectrum that will rival both AT&T and Verizion, in fact.
In all, the approximately $23.8 billion deal will see a reinvigorated Sprint, and increased pressue on Verizion, AT&T, and T-Mobile to offer competitive plans and pricing (though the effects will not be immediate). It is not clear from the various announcements if Sprint will remain branded as such, or what will happen to the MVNOs that operate on its network. It is an exciting time for Sprint though, and I hope that it works out to better wireless options for US consumers.
What do you think about the merger of Clearwire, Sprint Nextel, and SoftBank?