Japan continues to invest in technology. After the purchase of ARM follows the entry into Nvidia.
The Japanese conglomerate SoftBank is continuing its purchasing move in the IT sector. After the company had taken over the British SoC developer ARM for just under 28 billion euros in 2016, Bloomberg now reports that SoftBank accounts for 4.9% of the US chip maker Nvidia for an investment sum of just under 4 billion US dollars Security. SoftBank would thus be the fourth-largest shareholder in Nvidia.
The purchase itself has probably completed some time ago. However, since SoftBank acquired less than five percent of Nvidia shares, the Japanese company did not have to make the purchasing public.
With its vision fund, SoftBank plans to invest a total of 93 billion US dollars, with which one would like to buy in future-oriented tech companies.