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Benzinga
  • 2 years ago
SoftBank Group has acquired Ampere Computing in a $6.5 billion deal, according to Benzinga. Ampere is backed by Oracle and Carlyle Group and designs high-performance server chips based on Arm architecture. Both Oracle and Carlyle will sell their stakes as part of the deal. Ampere will operate as an independent subsidiary of SoftBank, maintaining its Santa Clara headquarters. The acquisition reinforces SoftBank’s AI infrastructure push. It also strengthened SoftBank’s Arm ecosystem following its acquisition, followed by Arm's IPO.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02SoftBank Group has acquired Amper Computing in a $6.5 billion deal according to Benzinga.
00:07Amper is backed by Oracle and the Carlyle Group and designs high-performance server
00:12chips based on ARM architecture. Both Oracle and Carlyle will sell their stakes as part of the deal.
00:17Amper will operate as an independent subsidiary of SoftBank,
00:21maintaining its Santa Clara headquarters. The acquisition reinforces SoftBank's AI
00:27infrastructure push. It also strengthens SoftBank's ARM ecosystem following its
00:31acquisition of ARM, followed by ARM's IPO. For all things money, visit Benzinga.com.

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