The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

SoftBank in talks to buy Vision Fund’s 25 per cent stake in Arm, sources say

News Snapshot:

SoftBank Group Corp is in talks to acquire the 25 per cent stake in Arm Ltd it does not directly own from Vision Fund 1 (VF1), a $100-billion investment fund it raised in 2017, according to people familiar with the matter, potentially delivering a win for investors who have waited years for strong returns. The discussions come as SoftBank is preparing to list the chip designer on Nasdaq next month at a valuation of $60-billion to $70-billion. If the negotiations lead to a deal, the Japanese tech investor would be delivering a major, immediate windfall to VF1 investors, including Saudi…

Other China Tech Buzz: