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Apple to invest in Softbank US fund - report

Tuesday 13 December 2016 | 09:05 CET | News
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Apple has held talks about investing in a USD 100 billion fund being set up by Japan's Softbank to invest in US tech companies. Apple and SoftBank have discussed an investment of up to USD 1 billion, people familiar with the matter told the Wall Street Journal. The SoftBank Vision Fund aims to launch next year and is seeded by SoftBank, owner of US operator Sprint. SoftBank itself is investing at least USD 25 billion in the fund and is finalizing an investment of up to USD 45 billion from Saudi Arabia's government fund.

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Categories: General
Companies: Apple / Softbank / Sprint
Countries: United States
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