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NVIDIA and SoftBank terminate NVIDIA’s Acquisition of Arm

NVIDIA and SoftBank terminate NVIDIA’s Acquisition of Arm NVIDIA Corporation (NVIDIA) and SoftBank Group Corp. (SBG) announced the termination of the previously announced transaction whereby NVIDIA would acquire ARM Holdings plc (ARM) from SBG. The parties agreed to terminate the Agreement because of significant regulatory challenges preventing the consummation of the transaction, despite good faith efforts by the parties. Arm will now start pr...

News Updated at: 2022/02/08

NVIDIA to acquire Arm for USD 40 Billion

NVIDIA to acquire Arm for USD 40 Billion NVIDIA and SoftBank Group Corp. (SBG) announced a definitive agreement under which NVIDIA will acquire Arm Limited from SBG and the SoftBank Vision Fund in a transaction valued at USD 40 billion. SoftBank will remain committed to Arm’s long-term success through its ownership stake in NVIDIA, expected to be under 10 percent. As part of NVIDIA, Arm will continue to operate its open-licensing model while ma...

News Updated at: 2020/09/13

Somboon to dissolve Japanese subsidiary

Somboon to dissolve Japanese subsidiary Somboon Advance Technology Public Co., Ltd. announced that its wholly-owned subsidiary, SBG international Japan Co., Ltd., has registered the dissolution of a company since October 31, 2016 because the automotive industry has slowed down and most of operation can be managed in Thailand. (From a press release on October 20, 2016)...

News Updated at: 2016/10/20