Softbank group to acquire ampere computing

Tokyo & santa clara, calif.--(business wire)--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 re.
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