Filing: the US FTC ends its review of SoftBank's $6.5B acquisition of chip designer Ampere, granting an early termination; SoftBank announced the deal in March (Josh Sisco/Bloomberg)
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- The US Federal Trade Commission has completed its review of SoftBank's $6.5 billion acquisition of Ampere Computing, granting an early termination. This decision indicates a smooth regulatory process for SoftBank, which announced the deal in March. The acquisition is expected to enhance SoftBank's position in the semiconductor industry.
- This development is important as it allows SoftBank to proceed with its strategic expansion in the tech sector, particularly in semiconductor design, which is crucial for future technologies. The approval reflects confidence in the deal's potential benefits for both SoftBank and Ampere.
— via World Pulse Now AI Editorial System