SoftBank to Close Sprint Acquisition July 10
SoftBank today said that it expects to close its equity acquisition of Sprint Nextel on Wednesday, July 10. The deal received approval from the Federal Communications Commission last week, and Sprint shareholders at the end of June. The deal now has all the approvals necessary to move forward. SoftBank first proposed the 70% equity acquisition in October 2012.
May 31, 2017
Sony today said it will make its flagship Xperia XZ Premium smartphone available unlocked to U.S. buyers in June.
Jul 18, 2016
SoftBank today announced plans to buy ARM Holdings for $32 billion. SoftBank runs one of Japan's largest wireless networks and is the parent company of Sprint in the U.S., while ARM designs and licenses the Cortex-branded mobile processors often found in today's smartphones and tablets.
Jan 15, 2018
SoftBank Group, the parent company of Sprint, is weighing whether or not to offer shares in its own Japan-based wireless company. Under the direction of CEO Masayoshi Sun, SoftBank has transformed itself in recent years into an investor in technology companies.
Dec 4, 2017
Broadcom today suggested Qualcomm's shareholders elect an entirely new board of directors during the latter's planned annual shareholder meeting on March 6, 2018. Broadcom took the opportunity to nominate 11 people to replace Qualcomm's board.