softbank

  • softbank.automotiveIT
    Article

    Softbank invests in GM's Cruise driverless-car unit

    2018-06-01T09:17:36Z

    GM acquired Cruise in 2016 to speed up development of autonomous cars (Photo: GM) Softbank will invest $1.1 billion in GM Cruise Holdings, adding more financial muscle to General Motors' plan to ready autonomous-driving technology for commercial implementation in 2019. The US automaker is also committing an additional $2.25 ...

  • sprint logo.automotiveIT
    Article

    SoftBank plans to acquire Sprint

    2012-10-15T16:38:17Z

    The announcement follows news last week that Deutsche Telekom intended to buy MetroPCS, another US wireless communications group. Both moves underscore the continuing transformation of the US wireless market. SoftBank, a Japanese telecommunications group, said it would pay 12.1 billion dlrs to Sprint shareholders and make available 8.0 billion dlrs ...