Latest news with #AmpereComputing
CNA
4 days ago
- Business
- CNA
FTC seeks more information about SoftBank's Ampere deal, Bloomberg News reports
The U.S. Federal Trade Commission is seeking more details about SoftBank Group Corp's planned $6.5 billion purchase of semiconductor designer Ampere Computing, Bloomberg News reported on Tuesday. The inquiry, known formally as a second request for information, suggests the acquisition may undergo an extended government review, the report said. SoftBank announced the purchase of the startup in March, part of its efforts to ramp up its investments in artificial intelligence infrastructure. The report did not state the reasoning for the FTC request. SoftBank, Ampere and the FTC did not immediately respond to a request for comment. SoftBank is an active investor in U.S. tech. It is leading the financing for the $500 billion Stargate data centre project and has agreed to invest $32 billion in ChatGPT-maker OpenAI.
Yahoo
4 days ago
- Business
- Yahoo
SoftBank's Ampere deal to face in-depth review by FTC, Bloomberg News reports
(Reuters) -The U.S. Federal Trade Commission has launched an in-depth investigation into SoftBank Group Corp's purchase of semiconductor designer Ampere Computing LLC, Bloomberg News reported on Tuesday. The probe, known formally as a second request for information, is a follow-up inquiry into the deal and suggests that the acquisition may undergo an extended government review, according to the report. Reuters could not immediately verify the report.
CNA
4 days ago
- Business
- CNA
SoftBank's Ampere deal to face in-depth review by FTC, Bloomberg News reports
The U.S. Federal Trade Commission has launched an in-depth investigation into SoftBank Group Corp's purchase of semiconductor designer Ampere Computing LLC, Bloomberg News reported on Tuesday. The probe, known formally as a second request for information, is a follow-up inquiry into the deal and suggests that the acquisition may undergo an extended government review, according to the report.
Reuters
4 days ago
- Business
- Reuters
SoftBank's Ampere deal to face in-depth review by FTC, Bloomberg News reports
July 1 (Reuters) - The U.S. Federal Trade Commission has launched an in-depth investigation into SoftBank Group Corp's (9984.T), opens new tab purchase of semiconductor designer Ampere Computing LLC, Bloomberg News reported on Tuesday. The probe, known formally as a second request for information, is a follow-up inquiry into the deal and suggests that the acquisition may undergo an extended government review, according to the report. Reuters could not immediately verify the report.
Bloomberg
4 days ago
- Business
- Bloomberg
SoftBank's Ampere Deal Now Faces a More In-Depth Review by FTC
SoftBank Group Corp. 's acquisition of semiconductor designer Ampere Computing LLC is facing a potentially lengthy probe by the US government. The Federal Trade Commission, one of two regulators charged with reviewing deals, has opened an in-depth investigation of the takeover, known formally as a second request for information about the transaction, according to people familiar with the matter who asked not to be identified because it wasn't public yet.
