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SoftBank Group

SoftBank Group

SoftBank Group is a multinational conglomerate holding company investing in businesses and technologies based in Minato, Tokyo-based company founded in 1981 by Masayoshi Son.

SoftBank Group is a multinational conglomerate holding company investing is business and technologies that is headquartered in Tokyo, Japan and was founded in 1981 by Masayoshi Son. The companies global portfolio consists of companies operating in several industries which include: telecommunications, internet services, AI, smart robotics, IoT and clean energy. As of March 31, 2019 Softbank Group has 76,866 employees, 1302 subsidiaries, 423 associates, 26 joint ventures, net sales of $9,602.2 billion, an operating income of $2,353.9 billion, and a net income of $1,411.2 billion. Notable companies held by SoftBank group include: Arm Holdings, Boston Dynamics, Yahoo Japan, Fortress Investment Group, Alibaba, Ola, Renren, Hike, Snapdeal, and WeWork.

History

Founded as a telecommunications company, SoftBank also runs businesses in e-commerce, finance, broadband, and marketing. SoftBank is headed by chairman and CEO Masayoshi Son.

Mergers/acquisitions
Nvidia

On September 14, 2020, SoftBank Group announced selling British chip designer Arm Ltd. to Nvidia for up to $40 billion. In 2016, SoftBank Group purchased Arm Ltd. for $32 billion. Nvidia will be paying SoftBank Group with $21.5 billion in common stock and $12 billion in cash, $2 billion of which will be paid at the official signing of the deal. Nvidia will also be issuing $1.5 billion in common stock to Arm employees and SoftBank Group may receive up to $5 billion in common stock or cash depending on the performance of Arm.

SoftBank Capital is a multi-stage corporate venture capital company from Tokyo that funds disruptive and enduring businesses. Founded in 1995, it invests in seed, private equity, early stage and late stage ventures. It typically invests in Series B, Series C, Series A, and other stages. Its portfolio companies include CyberArk Software, ACV, Grab, Reonomy and Ola.

This company manages $600 million across three funds and invest across a company’s lifecycle, from early to growth stages. Since 1995, SoftBank Capital has partnered with internet pioneers such as Criteo, Gilt Groupe, OMGPOP (Zynga), betaworks, BuzzFeed, Buddy Media (Salesforce.com), Huffington Post (AOL), Associated Content (Yahoo!), Danger (Microsoft), Geocities (Yahoo!), E*Trade and Yahoo!.

Timeline

September 14, 2020
SoftBank announced deal to sell Arm Ltd. to Nvidia for $40 billion.
July 26, 2019
SoftBank announces AI-focused second $108 billion Vision Fund with LPs including Microsoft, Apple and Foxconn.
December 10, 2018
SoftBank's IPO reaches $23.5 billion
July 12, 2018
SoftBank Group raises a $1,000,000,000 private equity from Tiger Global Management.
1995
Founded
October 1, 1984
SoftBank, formerly Japan Telecom Co, LTD, is founded

Funding rounds

Invested in

Patents

Products

Funding Rounds Participated In

People

Name
Role
LinkedIn

Andrew Adams

Employee

David Dominick

Employee

Fred Tanada

Employee

Graham Brown

Employee

Joe Medved

Employee

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

IDC Frontier

ACV

Altaeros Energies

ARM

UK

Boston Dynamics

News

Title
Author
Date
Publisher
Description
Stewart Randall
September 22, 2021
TechNode
Arm China, the Chinese branch of Arm Ltd., announced on Aug. 26 it is now an "independently operated and Chinese-controlled" company.
Crunchbase News
September 14, 2021
Crunchbase News
Crunchbase News' top picks of the news to stay current in the VC and startup world.
Mary Ann Azevedo
September 14, 2021
TechCrunch
SoftBank Group Corp. is doubling down on its commitment to Latin America. Today, the Japanese investment conglomerate is announcing the launch of the SoftBank Latin America Fund II, its second dedicated private investment fund focused on tech companies located in LatAm. SoftBank is launching the new fund with an initial $3 billion commitment. "Fund II [...]
Gené Teare
August 25, 2021
Crunchbase News
While SoftBank is still investing heavily in startups--including $14.2 billion just last quarter largely via its second fund--the Japanese conglomerate has undergone a fundamental shift in its approach to venture funding.
Agencies
August 10, 2021
@bsindia
Japanese group to cut China investments until tech sector scrutiny clarifies
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References

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