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UAE investment firm Mubadala plans launch to USD 400 mln European technology fund with Softbank

2018-06-14 10:37:00| Telecompaper Headlines

(Telecompaper) UAE-based Mubadala Investment Company (Mubadala) plans to create a USD 400 million fund to invest mainly in leading European technology companies, reports The National. It will be managed by the Abu Dhabi fund's venture capital arm, Mubadala Ventures, with SoftBank participating via its investment subsidiary, SIMI US Holdings. The fund will target founder-led, high growth technology companies with global scale and impact.

Tags: technology plans firm investment

 

Palo Alto names top Softbank and Google exec as its new CEO, posts record revenues for Q3

2018-06-03 11:12:00| Telecompaper Headlines

(Telecompaper) Palo Alto Networks has appointed a former Softbank and Google top executive as its new CEO and chairman of the board. Nikesh Arora was previously the president and COO at Softbank and chief business officer at Google. He will succeed Mark McLaughlin, who will transition to the role of vice chairman of the board.

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SoftBank to invest $2.25B in GM Cruise; GM to add $1.1B; driving large-scale AV deployment

2018-05-31 14:57:12| Green Car Congress

Tags: add driving cruise invest

 

Telefonica, Etisalat, SingTel and SoftBank set up cybersecurity alliance

2018-04-12 09:41:00| Telecompaper Headlines

(Telecompaper) Telefonica has teamed up with Etisalat, SingTel and SoftBank to create an alliance designed to offer businesses a comprehensive portfolio of cybersecurity services. The partners said the Global Security Alliance is set to become one of the top five security providers in the world, with more than 1.2 billion customers in over 60 countries across Asia Pacific, Europe, the Middle East and the Americas. Together, the group's members currently operate 22 Security Operation Centres (SOCs) and employ more than 6,000 cybersecurity experts.

Tags: set alliance telefonica softbank

 

SoftBank Group to acquire 9.9% of Nemaska Lithium

2018-04-06 16:57:30| Green Car Congress

Tags: group acquire lithium softbank

 

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