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SoftBank
02-05-2017, 02:23 PM,
Post: #1
SoftBank
SoftBank Said in Talks to Invest $1.4 Billion in India's Paytm

by Saritha Rai and Pavel Alpeyev
May 2, 2017, 8:24 AM GMT+8

SoftBank Group Corp. is in talks to invest about $1.4 billion in India’s One97 Communications Ltd. in a deal that would value the owner of the country’s largest digital-payments provider at about $7 billion, according to people familiar with the matter.

The deal is not yet finalized and the terms may yet change, said the people, asking not to be identified because the matter is private. One97 Communications, whose Paytm unit has seen business surge as India took most of its paper bills from circulation, has also had discussions with two other investors, one of the people said. The company was last valued at $4.2 billion, according to research firm CB Insights.

The Paytm deal would be a vote of confidence in the India market amidst a brutal downturn in the venture market. Hundreds of fledgling companies are cutting staff or closing their doors. Indeed, SoftBank is said to be pressing Snapdeal, an Indian e-commerce provider it backs, to merge operations with market leader Flipkart Online Services Pvt. in what would be a dramatic sign of consolidation in the market.

More details in https://www.bloomberg.com/news/articles/...ia-s-paytm
Specuvestor: Asset - Business - Structure.

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12-05-2017, 01:24 PM,
Post: #2
RE: SoftBank
SoftBank Leads $502 Million Investment in U.K. Tech Startup

by Jeremy Kahn
May 12, 2017, 5:15 AM GMT+8

SoftBank Group Corp. is leading a $502 million investment in Improbable Worlds Ltd., a London-based virtual reality startup, in one of the U.K.’s largest venture capital deals.

The valuation wasn’t disclosed. But SoftBank is buying a non-controlling stake, which would mean Improbable is worth at least $1.04 billion. The deal would rank as the fifth-largest U.K. venture investment in the past decade, according to data compiled by Bloomberg.

Silicon Valley venture capital firm Andreessen Horowitz, Hong Kong-based venture firm Horizon Ventures and Singapore state-owned investment company Temasek Holdings, which participated in a $22 million investment round in Improbable in March 2015, are also committing new funds. The five-year-old startup creates virtual worlds for gaming and massive-scale simulations of the real world.

More details in https://www.bloomberg.com/news/articles/...ch-startup
Specuvestor: Asset - Business - Structure.

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22-06-2017, 02:44 PM,
Post: #3
RE: SoftBank
SoftBank Invests $100 Million in Security Startup Cybereason

By Sarah McBride
June 22, 2017, 3:31 AM GMT+8

Cybereason Inc. raised $100 million from SoftBank Group Corp., bringing another cybersecurity business closer to the $1 billion valuation that has become the hallmark of a heavyweight technology startup.

The funding round gives Cybereason, founded by former operatives in Israel’s elite Unit 8200 military intelligence group, a valuation north of $850 million, after factoring in the latest cash infusion, according to a person familiar with the situation.

SoftBank financed the entire round, after leading Cybereason’s previous funding round of $59 million in 2015, the person added. They asked not to be identified speaking about a private investment.

More details in https://www.bloomberg.com/news/articles/...cybereason
Specuvestor: Asset - Business - Structure.

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26-07-2017, 11:41 AM,
Post: #4
RE: SoftBank
SoftBank Takes Stake in Roomba-Maker iRobot

By Giles Turner , Dinesh Nair , Ed Hammond , and Alex Sherman
July 26, 2017, 4:08 AM GMT+8 Updated on July 26, 2017, 7:16 AM GMT+8

SoftBank Group Corp. has taken a stake in Roomba vacuum-cleaner maker IRobot Corp., people familiar with the matter said, as the Japanese company builds its holdings in robotics firms.

SoftBank has built a less than 5 percent stake in IRobot, below the amount that would require a regulatory disclosure in the U.S., the people said, asking not to be identified because the purchase was private. The Bedford, Massachusetts-based technology company has a market value of $2.4 billion.

Shares in IRobot rose 22 percent in late trading in New York. Representatives for SoftBank and IRobot declined to comment.

More details in https://www.bloomberg.com/news/articles/...h-buildout
Specuvestor: Asset - Business - Structure.

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21-10-2017, 03:48 PM,
Post: #5
RE: SoftBank
SoftBank Is the Berkshire Hathaway of Technology, Bernstein Says

By Julie Verhage
October 20, 2017, 11:24 PM GMT+8

Is Masayoshi Son the next Warren Buffett?

A note from Sanford C. Bernstein & Co. argues that Son’s SoftBank Group Corp. is the next Berkshire Hathaway Inc.

“We like to think of SoftBank as a tech-focused Berkshire Hathaway,” analyst Chris Lane wrote, noting that investor returns have been similarly strong. In fact, Lane finds a lot that the Japanese and U.S. firms have in common.

For starters, both are hard to define, Lane writes. SoftBank uses cash from its core telecommunications operations to invest in companies positioning to be part of the future –- like e-commerce, microprocessor designs and robotics. And there’s not much synergy between many of its units, Lane notes. Sound familiar? Berkshire leverages the cash from its insurance firm to invest into other businesses. Buffett’s company started out in the textile milling industry, but what does that have to do with NetJets Inc. or Coca-Cola Co., two of Berkshire’s most notable investments?

More details in https://www.bloomberg.com/news/articles/...stein-says
Specuvestor: Asset - Business - Structure.

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06-11-2017, 02:40 PM,
Post: #6
RE: SoftBank
SoftBank Profit Tops Estimates as Sprint Merger Talks End

By Pavel Alpeyev
November 6, 2017, 2:11 PM GMT+8 Updated on November 6, 2017, 2:33 PM GMT+8

SoftBank Group Corp. reported quarterly profit that topped analysts’ estimates, as its U.S. unit Sprint Corp. faces an uncertain future after talks to merge the carrier with T-Mobile US Inc. collapsed.

Operating profit was 396 billion yen ($3.5 billion) in the period ended September, the Tokyo-based company said in a statement Monday. That’s more than the 322 billion yen average of analysts’ projections compiled by Bloomberg. Sales came in at 2.23 trillion yen, matching predictions.

SoftBank’s founder Masayoshi Son has relied on a steady flow of cash from Japanese wireless and telecom operations to fund new endeavors, while Sprint has struggled to return to profit and stem subscriber losses. After merger talks with T-Mobile fell apart over control, Son needs to find a new way to secure Sprint’s long-term future. The billionaire is also in the process creating the $100 billion SoftBank Vision Fund with the Saudis, Abu Dhabi investor Mubadala Development Co. and other backers to speed up investments in technology startups abroad. Son addressed questions about Sprint’s future and the Vision Fund at a briefing on Monday.

More details in https://www.bloomberg.com/news/articles/...-talks-end
Specuvestor: Asset - Business - Structure.

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