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Google is saying goodbye to Project Loon, its long-running effort to bring broadband connectivity to rural areas via free-floating balloons. The moonshot project launched in 2013 with a mission to deliver Internet access to “all the world’s people” including remote locations on every continent.” In a blog posting, Alastair Westgarth, CEO of Loon, said the […]
In a deal that will redefine the semiconductor market, NVIDIA agreed to acquire Arm Limited from Softbank for $40 billion. Under the deal, NVIDIA will pay to SoftBank a total of $21.5 billion in NVIDIA common stock and $12 billion in cash. NVIDIA will also issue $1.5 billion in equity to Arm employees. The deal […]
SoftBank has selected Ericsson for its 5G Standalone Network, including Ericsson Cloud Packet Core, Ericsson Cloud Unified Data Management and Policy, as well as Ericsson NFVI. Ericsson said it will deliver zero-touch operation, including continuous delivery and integration processes (CI/CD), by leveraging container-based microservice architecture and automation capabilities. Ericsson’s dual-mode 5G Core provides SoftBank with […]
SoftBank Group Corp. agreed to acquire ARM Holdings Plc in an all-cash deal valued at £24.3 billion. (US$32.4 billion), or 1,700 pence per ARM share, and representing a premium of 43% over the closing price on preceding trading day. The deal would be Softbank’s largest to date. SoftBank, which is based in Tokyo and is […]
