Monday, 27 February 2017

Softbank reported to be investing billions in work-space sharing start-up.

ARM’s owner Softbank is reported by CNBC to be spending up to $4 billion on a US workspace-sharing start-up called WeWork. The deal is said to be that Softbank will invest an initial $2 billion and may subsequently invest another $2 billion. WeWork is backed by Chinese investor groups Hony Capital, backed b Legend Holdings, ...

Read full article: Softbank reported to be investing billions in work-space sharing start-up.



from Electronics Weekly http://www.electronicsweekly.com/news/business/softbank-reported-investing-billions-work-space-sharing-start-2017-02/

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