SoftBank to Take Fearsome Robots Off Alphabet's Hands


SoftBank on Thursday announced that it will acquire robotics company Boston Dynamics from Alphabet, parent company of Google. Softbank also agreed to buy robotics firm Schaft as part of the same deal. SoftBank Robotics is the company’s subsidiary that focuses on the development, sales and maintenance of humanoid and service robots. “Smart robotics are going to be a key driver of the next stage of the information revolution,” said SoftBank CEO Masayoshi Son.”

The original article can be found here: http://www.ecommercetimes.com/story/84601.html?rss=1

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Softbank Vision Fund Attracts $93B From Gulf States, Apple, Others


The Softbank Vision Fund has closed its first major funding round raising more than $93 billion in capital from the Gulf states, as well as tech stalwarts Apple, Qualcomm and others. Softbank, which last fall launched the fund with backing from the Public Investment Fund of Saudi Arabia, said it has received new commitments from the Mubadala Investment Fund from the United Arab Emirates. The Softbank Vision Fund, which has targeted a $100 billion close within six months, also received commitment pledges from Foxconn and Sharp.

The original article can be found here: http://www.ecommercetimes.com/story/84550.html?rss=1

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Softbank Pumps $1B Into Global Web Access Race


Softbank has cut a check for $1 billion to OneWeb, which plans to build a constellation of satellites to provide Internet access to underserved parts of the world, the companies announced Monday. Helmed by satellite industry veteran Greg Wyler, OneWeb raised a total of $1.2 billion in its latest round of funding. The company will deploy 650 Ku band satellites into orbit at a height of 750 miles, which will offer more than 10 terabits per second of new capacity. OneWeb also will build user terminals containing embedded LTE, 3G, 2G and WiFi.

The original article can be found here: http://www.ecommercetimes.com/story/84186.html?rss=1

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Softbank Strong-ARMs Its Way Into Internet of Things


Softbank Group has agreed to buy British semiconductor maker ARM Holdings for about $31.4 billion in cash, the companies announced Monday. Softbank agreed to pay a hefty premium for ARM, with a price of about $67.28 per ARM share, which is a 42.9 percent premium over the $47.08 closing price as of Friday, the last business day before the deal was announced. The surprise move will help Softbank gain a solid foothold in the Internet of Things, considered the next major wave of development in the enterprise computing business.

The original article can be found here: http://www.ecommercetimes.com/story/83712.html?rss=1

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Japan’s SoftBank offers ARM a $32 billion buyout

ARM-Cortex A72
SoftBank announced this morning that its made a $32 billion bid for ARM Holdings. The acquisition could mean huge opportunities for the Cambridge, UK company, but there are potential risks as well.

The original article can be found here: http://www.extremetech.com/computing/231922-japans-softbank-offers-arm-a-32-billion-buyout

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Man arrested for assaulting Pepper, the robot that can read your emotions

When SoftBank introduced Pepper to the world last year, the company focused heavily on the robot’s ability to read people’s emotions.

The original article can be found here: http://www.foxnews.com/tech/2015/09/08/man-arrested-for-assaulting-pepper-robot-that-can-read-your-emotions/

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Sprint Sheds Hesse Along With T-Mobile Hopes


Softbank founder and CEO Masayoshi Son on Tuesday announced sweeping changes for subsidiary Sprint. President and CEO Dan Hesse is being replaced by Marcelo Claure, founder and CEO of Softbank subsidiary Brightstar, effective Aug. 11. Also, Sprint has dropped plans to purchase T-Mobile. Hesse’s replacement was expected, as Sprint has been hemorrhaging customers and piling up losses for some time. While being crushed at the top by Verizon and AT&T, it has lately been taking kicks in the shins on the low end by a feisty T-Mobile.

The original article can be found here: http://www.ecommercetimes.com/story/80852.html?rss=1

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How Will Regulators Chaperone the Big Merger Dance?


SoftBank CEO Masayoshi Son may have new hope for a Sprint, T-Mobile merger. After SoftBank merged with Sprint last summer, Son set his sights on T-Mobile. There was early resistance from regulators, but that may be softening, with Comcast-Time Warner Cable and AT&T-DirecTV having joined the merger dance. Trying to understand and predict what regulators will do is always a challenge, and merger activity may influence their decision making. Sometimes only two companies want to merge, while at other times several mergers are in play.

The original article can be found here: http://www.ecommercetimes.com/story/80617.html?rss=1

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