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The U.S. Federal Trade Commission is seeking more details about SoftBank Group Corp's planned $6.5 billion purchase of semiconductor designer Ampere Computing, Bloomberg News reported on Tuesday.
SoftBank Group Corp.’s acquisition of semiconductor designer Ampere Computing LLC is facing a potentially lengthy probe by the US government.
(Reuters) -The U.S. Federal Trade Commission is seeking more details about SoftBank Group Corp's planned $6.5 billion purchase of semiconductor designer Ampere Computing, Bloomberg News reported ...
SoftBank's $6.5 billion acquisition of AI-chip designer Ampere is facing an in-depth US government probe that may delay the deal, according to Bloomberg.
The U.S. FTC is seeking more details about SoftBank Group Corp’s planned $6.5 billion purchase of Ampere Computing, Bloomberg reported.
Softbank (OTC: SFTBY) had announced a $6.5 billion deal for Ampere in March, as the Japanese tech conglomerate invests aggressively in sectors tied to artificial intelligence.
The Federal Trade Commission (FTC) has opened an in-depth investigation into SoftBank’s $6.5 billion acquisition of Ampere Computing, according to a report from Bloomberg. No reason for the extended ...
SoftBank Group's (SFTBY) (SFTBF) proposed $6.5B acquisition of Ampere, a semiconductor design company based in Santa Clara, Calif., faces a probe by the U.S. Federal Trade Commission, according to ...
The report did not state the reasoning for the FTC request. SoftBank, Ampere and the FTC did not immediately respond to a request for comment. SoftBank is an active investor in U.S. tech.
SoftBank’s all-cash transaction valuing Ampere at $6.5 billion was announced in March and represents another step in the Japanese company’s push to add artificial intelligence infrastructure ...
Ampere is a customer that licenses Arm’s fundamental technology. When the Ampere deal was announced, SoftBank and Arm said they intended to close it in the second half of 2025.
The FTC is seeking additional details regarding SoftBank's substantial acquisition of Ampere Computing, indicating a potentially lengthy government review process. This move is part of SoftBank's ...