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Softbank set to buy Ampere Computing for $6.5 billion and could integrate it with Arm and Graphcore

SoftBank confirms $6.5 billion deal to acquire Arm-based chipmaker Ampere The deal could align Ampere with Arm and previously acquired Graphcore The acquisition could put Arm in direct competition with its chip partners We previously reported that Arm is considering making its own silicon,
SoftBank Group Corp. is reportedly in advanced talks to acquire Ampere Computing for approximately $6.5 billion, aiming to integrate it with its existing assets like Arm and potentially Graphcore. This move is part of SoftBank's strategy to bolster its position in the AI and data center markets. Ampere Computing, known for its high-performance CPUs designed for cloud computing, would complement Arm's technology, which is already widely used in mobile devices and increasingly in data centers. The acquisition could enhance SoftBank's capabilities in providing comprehensive solutions for cloud infrastructure, leveraging Ampere's expertise in energy-efficient computing. However, the deal is still under negotiation, and details could change.

Read the Full TechRadar Article at:
[ https://www.msn.com/en-us/money/companies/softbank-set-to-buy-ampere-computing-for-6-5-billion-and-could-integrate-it-with-arm-and-graphcore/ar-AA1BrwL8 ]