Softbank


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Softbank

(Softbank Corporation, Tokyo, www.softbank.com) A computer conglomerate founded in 1981 by Masayoshi Son. The company has backed Yahoo and more than 50 hardware, software, communications and Internet companies both in the U.S. and Japan. It also acquired and sponsored COMDEX, the largest computer show in the U.S. for half a dozen years, before selling it to Key3Media in 2001. Softbank Capital is a wholly owned subsidiary that handles U.S. operations. See COMDEX.
References in periodicals archive ?
Apple will invest $1 billion in a fund set up by Japanese telecom company SoftBank to finance new technology that could be used in the future, the Wall Street Journal (http://www.
0bn purchase of the company's shares from SoftBank Group (Tokyo:9984).
today announced yesterday that on 1 October 2006 it will change its company name to SOFTBANK MOBILE Corp.
Meanwhile, Softbank is scrambling for cash in an attempt to be ready for the next phase of Japan's broadband battle.
shares, worth $294 million, was made by Softbank America Inc.
By making this move, we are acknowledging the potential for ZDNet Japan to expand its audience as the Japanese Web marketplace takes off," says Toshiki Otsuki, CEO of Softbank ZDNet Japan.
Nikesh and I have decided that he would move to an advisory role and continue to support SoftBank, while he zeroes in on his next challenge.
Softbank owns about 50 percent of Aozora Bank, which it bought from the government when the bank was nationalized due to its insolvency, and it's planning to sell some of its shares.
The share sale reduced Softbank America's stake in Yahoo to about 14.
ASAP Software, a leading provider of IT products and services, and SOFTBANK BB Corp.
After the transaction, the figure will be reduced to approximately 28 percent, SoftBank said in a (http://www.