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SoftBank to acquire semiconductor designer Ampere in $6.5B all-cash deal

TechCrunch LogoTechCrunch19h ago

SoftBank to acquire semiconductor designer Ampere in $6.5B all-cash deal - TechCrunch

Quick Summary:

SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a chip designer founded by former Intel executive Renee James, through a $6.5 billion all-cash deal as a strategic move to broaden its investment in AI infrastructure.

SoftBank could soon buy Renee James’ Ampere chip company for about $6.

Ampere was founded in 2017 by James, who previously worked at Intel and private equity firm Carlyle and served on the board of Oracle.

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SoftBank to acquire semiconductor designer Ampere in $6.5B all-cash deal - TechCrunch (Picture 1)

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Article Details

Author / Journalist: Kate Park

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-20 @ 03:28:47 (19 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 484 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 27184453

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News Last Updated: 8 hours ago

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  • URL: https://chronographically.beamstart.com/news/softbank-to-acquire-semiconductor-designer-1742441

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