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TOKYO (Reuters) - SoftBank Group Corp is in talks to sell the Paris-based robotics business behind its Pepper android to Germany's United Robotics Group, according to sources and documents reviewed by Reuters, scaling back a business it once touted as a major growth driver.
(Corrects number of Sequoia investments in paragraph 30)
TOKYO: SoftBank Group Corp has held talks with Ampere Computing LLC about investing in the maker of server-computer processors, an attempt to diversify its bet on the booming chip sector, according to sources.
(Reuters) - U.S. logistics technology firm Flock Freight said on Wednesday it had reached a valuation of more than $1 billion, after raising $215 million in a funding round led by SoftBank Vision Fund 2.
OSLO (Reuters) -Norwegian robotics firm AutoStore said on Wednesday it had priced its initial public offering (IPO) at 31 Norwegian crowns per share, the top of its target range, valuing the company at 103.5 billion crowns ($12.4 billion).
LONDON: SoftBank Group Corp chief operating officer Marcelo Claure has advocated for a spinoff of the company’s Latin American investment fund, putting him at odds with founder Masayoshi Son, who disagrees with the move, according to people familiar with the discussions.
DUBAI (Reuters) - Abu Dhabi’s new technology hub says it has seen a surge in interest from start-up firms in the United Arab Emirates and abroad despite the economic impact of the coronavirus pandemic last year, amid increased optimism from the sector.
BENGALURU (Reuters) -SoftBank Group-backed Indian ride-hailing firm Ola is set to lose two top executives, according to an internal memo seen by Reuters, ahead of a potential $1 billion initial public offering.
MUMBAI: Indian hospitality startup Zostel has asked the market regulator to reject an application from SoftBank Group-backed rival Oyo Hotels and Rooms to go public due to a legal tussle between the firms over a deal that fell apart six years ago.
(Reuters) - Plume, a Silicon Valley-based startup aiming to give consumers a better WiFi experience, on Tuesday said it raised $300 million mostly from SoftBank Group Corp Vision Fund 2, and is now valued at $2.6 billion.