SoftBank to acquire chip designer Ampere in $6.5 billion deal

• SoftBank expands its AI footprint with $6.5 billion purchase of Ampere Computing

  SoftBank Group Corp. announced late Wednesday it is acquiring semiconductor designer Ampere Computing in a $6.5 billion deal that will expand its investments in AI infrastructure.
  
  MarketWatch - 4h
• 

  SoftBank to Buy Silicon Valley Chip Start-Up Ampere for $6.5 Billion

  The move is a bet that Ampere’s chips can begin playing a significant role in data centers for creating artificial intelligence.
  
  The New York Times - 7h

• SoftBank expands AI portfolio with $6.5bn Ampere deal

  Japanese tech group acquires US chip start-up specialising in data centre servers for artificial intelligence applications
  
  Financial Times - 4h

• Google to acquire cloud security startup Wiz for $32 billion after deal fell apart last year

  Google signed a "definitive agreement" to acquire Wiz for $32 billion in an all-cash deal
  
  CNBC - 1d
• 

  Pokemon Go Developer Set To Be Acquired By Saudi Arabia's Scopely In $3.5 Billion Deal

  Saudi Arabian-owned mobile developer Scopely has announced that it'll be acquiring Niantic's video game division, paying $3.5 billion for the developer behind Pokemon Go. Also included in the ...
  
  GameSpot - Mar. 12
• 

  Monopoly Go maker Scopely to acquire Niantic’s games business for $3.5B

  Scopely has agreed to acquire Niantic's games business, which includes Pokémon Go, in a deal valued at $3.5 billion.
  
  VentureBeat - Mar. 12
• 

  Walgreens to Be Acquired by Sycamore Partners in $10 Billion Deal

  Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its retail and pharmacy businesses.
  
  The New York Times - Mar. 7
• 

  Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion

  Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023.
  
  The New York Times - 6d

• Roche shares pop 5% on $5.3 billion obesity drug deal with Zealand Pharma

  Swiss pharmaceutical giant Roche said Wednesday that it had struck a deal worth up to $5.3 billion to develop Zealand Pharma's obesity drug candidate.
  
  CNBC - Mar. 12

More from CNBC

• Fed holds interest rates steady, still sees two cuts coming this year

  The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year.
  
  CNBC - 9h

• Greenpeace ordered to pay more than $660 million over Dakota Access Pipeline protests

  A jury on Wednesday ordered environmental campaign group Greenpeace to pay more than $660 million in damages to Texas-based Energy Transfer.
  
  CNBC - 46m

• China's central bank follows U.S. Fed in keeping rates steady as tariff threats pressure yuan

  Chinese top officials have pledged to ramp up monetary easing measures, including interest rate cuts "at appropriate times."
  
  CNBC - 4h

• 'Transitory' is back as the Fed doesn't expect tariffs to have long-lasting inflation impacts

  Fed officials see inflation moving up this year more rapidly than previously expected, but they also expect the trend to be short-lived.
  
  CNBC - 9h

• Foreign visitors have been driving Japan’s economy. A stronger yen could reverse that trend

  Foreign tourists have had an outzised impact on Japan's economic growth. However, their influence could start to wane as the yen strengthens, analysts said.
  
  CNBC - 2h

More in Business

• 

  The Fed’s uncertainty doesn’t scare markets

  Plus the debt ceiling and the end of QT
  
  Financial Times - 28m

• Greenpeace ordered to pay more than $660 million over Dakota Access Pipeline protests

  A jury on Wednesday ordered environmental campaign group Greenpeace to pay more than $660 million in damages to Texas-based Energy Transfer.
  
  CNBC - 46m

• ThyssenKrupp’s warship division expects its market size to triple as defense spending surges

  That comes on the back of the German parliament voting in favor of a major fiscal package, which includes changes to debt policies for higher defense spending.
  
  CNBC - 1h
• 

  What will be in Rachel Reeves’ Spring Statement?

  The chancellor’s ship is set to stay afloat despite choppy waters next week, but bigger threats lurk beyond
  
  Financial Times - 1h
• 

  How Jeff Bezos made peace with Maga

  In the past year, the Amazon founder has executed a sharp public reversal in his relationship with the president that has surprised even longtime associates
  
  Financial Times - 1h