The world’s biggest technology investment fund is taking shape. Japan’s SoftBank Group is in talks to inject a 25% stake of chip designer ARM Holdings into its proposed $100 billion SoftBank Vision Fund. The Japanese tech conglomerate bought the U.K. chip designer for $32 billion. The transfer is driven by the desire of some of the fund partners to invest in ARM, whose chip designs power most of the world’s smartphones. Saudi Arabia’s public investment fund has...
Source: Wall Street Journal March 09, 2017 10:41 UTC