0
Broadband

Apple, Microsoft to invest in second Softbank Vision fund

Friday 26 July 2019 | 11:30 CET | News
Softbank Group has announced the creation of its second Vision Fund. Initial agreements have pledged USD 108 billion for the Vision Fund 2, and Softbank itself plans to contribute USD 38 billion. Investors in the fund will include Apple, Foxconn and Microsoft, as well as a number of Japanese financial institutions, the National Investment Corp of National Bank of Kazakhstan, Standard Chartered Bank and major participants from Taiwan. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Apple / Foxconn / Microsoft / Softbank
Countries: Japan / World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Microsoft maintains growth with quarterly revenues up 14%

Published 24 Oct 2019 09:10 CET | World
Microsoft maintained its double-digit growth in the company's fiscal first quarter to September. Revenue rose 14 percent to USD ...

Softbank's quarterly revenue jumps 32% following Yahoo Japan integration

Published 06 Aug 2019 09:47 CET | Japan
SoftBank saw its revenue jump 32 percent year-on-year to JPY 1.164 trillion for the three months ended 30 June 2019 (Q1 FY2019). ...

Toyota, Denso, SoftBank to invest USD 1 bln in Uber Advanced Technologies Group

Published 22 Apr 2019 17:49 CET | Japan
Toyota Motor, Denso and the SoftBank Vision Fund (SVF) will invest USD 1 billion in Uber Technologies' Advanced Technologies ...

Softbank Group to start share buyback as profits grow on investment gains

Published 06 Feb 2019 11:26 CET | World
Softbank Group reported net profit up 52 percent in the first nine months of its fiscal year, to JPY 1.538 trillion, driven by ...

Tokopedia secures USD 1.1 bln in funding from SoftBank, Alibaba, existing investors

Published 12 Dec 2018 10:57 CET | Indonesia
Indonesian e-commerce company Tokopedia has secured USD 1.1 billion in its latest financing round. The funding is led by the ...

SoftBank invests USD 2 billion in e-commerce company Coupang

Published 21 Nov 2018 11:00 CET | Korea, Republic of
SoftBank Vision Fund will invest USD 2 billion in South Korean e-commerce company Coupang. This follows SoftBank Group's initial ...