logo
#

Latest news with #AmpereAltra

SoftBank in advanced talks to acquire Ampere Computing
SoftBank in advanced talks to acquire Ampere Computing

Yahoo

time06-02-2025

  • Business
  • Yahoo

SoftBank in advanced talks to acquire Ampere Computing

Japan's SoftBank Group is in advanced negotiations to acquire Oracle-backed semiconductor company Ampere Computing, reported Bloomberg citing sources. The deal, which includes debt, could value the chip designer at approximately $6.5bn. A formal agreement may be announced in the coming weeks, though discussions remain subject to potential delays or changes, the sources told the publication. In January 2025, reports emerged that SoftBank and its majority-owned subsidiary, Arm Holdings, had shown interest in acquiring Ampere. Founded by former Intel president Renee James, Ampere designs processors for data centre operations using Arm's technology. The company's chips are claimed to be more energy-efficient alternatives to those from Intel and Advanced Micro Devices, are used by Oracle, Google, and other major technology companies. In 2022, Oracle said it holds a 29% stake in the startup and has the option to make future investments that could give it control of the chipmaker. The chipmaker was previously valued at more than $8bn in 2021 during a proposed minority investment by SoftBank. Reports of Ampere considering a sale surfaced in September 2024, with the company engaging a financial adviser to evaluate takeover interest. In May 2024, Ampere collaborated with Qualcomm to introduce an AI-focused server that integrates Ampere's CPUs with Qualcomm's Cloud AI 100 Ultra chips. In 2023, it launched the AmpereOne processor family, featuring up to 192 single-threaded cores optimised for cloud computing. AmpereOne features up to 192 single-threaded Ampere cores, believed to be the highest in the industry. This product marks Ampere's first use of a custom core developed entirely in-house, expanding its portfolio, which includes Ampere Altra and Ampere Altra Max. "SoftBank in advanced talks to acquire Ampere Computing" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store