SoftBank Group Corp., based in Tokyo, Japan, is a multinational conglomerate known for its diverse portfolio of businesses and investments in technology, telecommunications, and finance. Founded in 1981 by Masayoshi Son as a software distributor, SoftBank quickly evolved into one of the world’s most influential technology investors. Over the years, SoftBank has become synonymous with visionary investments in cutting-edge technologies, including artificial intelligence, robotics, and the internet of things (IoT).
SoftBank operates through multiple subsidiaries and investment vehicles, most notably the SoftBank Vision Fund, which has invested billions of dollars in high-profile companies like Uber, WeWork, and Alibaba. Its commitment to fostering innovation through strategic investments has positioned SoftBank as a leader in the global tech industry. With operations across telecommunications, internet services, and investment management, SoftBank is recognized for its massive influence in shaping the future of technology-driven economies.
CEO and Founder of SoftBank
Masayoshi Son, a Korean-Japanese entrepreneur, founded SoftBank in 1981. His vision was to build a technology conglomerate that could transform the world through innovation. Son is widely regarded as one of the most influential figures in the global technology space, known for his bold investment strategies and long-term vision. Under his leadership, SoftBank has acquired and invested in some of the world’s most transformative companies, including Alibaba and ARM Holdings.
In recent years, Masayoshi Son has gained international attention for the establishment of the $100 billion SoftBank Vision Fund, which has become one of the largest technology-focused investment funds in the world. Son continues to guide the company’s strategic direction as its CEO, focusing on emerging technologies like AI and renewable energy.
List of Top Companies Under SoftBank
SoftBank owns and has significant investments in numerous high-value companies across various sectors. Below is a list of top companies under SoftBank, along with their approximate valuations.
Company Name | Year Acquired/Founded | Valuation | Industry |
---|---|---|---|
ARM Holdings | 2016 (Acquired) | $40 Billion | Semiconductor Design |
Alibaba Group | 2000 (Initial Investment) | $250 Billion (SoftBank stake) | E-commerce, Cloud Computing |
Sprint Corporation | 2013 (Acquired, merged with T-Mobile) | $26 Billion | Telecommunications |
WeWork | 2017 (Investment) | $8 Billion | Co-working Spaces |
Grab | 2014 (Investment) | $16 Billion | Ride-Hailing, Delivery |
Uber | 2017 (Investment) | $70 Billion | Ride-Hailing, Delivery |
OYO Rooms | 2019 (Investment) | $9 Billion | Hospitality |
Brightstar Corp | 2013 (Acquired) | $2 Billion | Telecommunications Services |
Z Holdings (Yahoo Japan) | 1996 (Acquired) | $20 Billion | Internet Services |
Boston Dynamics | 2020 (Acquired, later sold to Hyundai) | $1.1 Billion | Robotics |
FAQs About SoftBank
Q1: When was SoftBank founded, and by whom?
A: SoftBank was founded in 1981 by Masayoshi Son as a software distributor, which later grew into a global technology and investment conglomerate.
Q2: Who is the current CEO of SoftBank?
A: Masayoshi Son remains the CEO of SoftBank, continuing to drive its investment strategy and business operations.
Q3: What is the SoftBank Vision Fund?
A: The SoftBank Vision Fund, launched in 2017, is a $100 billion investment fund focused on technology startups and companies, making it the largest tech-focused fund in the world.
Q4: What are some of SoftBank’s major acquisitions?
A: Some of SoftBank’s major acquisitions include ARM Holdings, Sprint, Boston Dynamics (later sold to Hyundai), and Brightstar Corp.
Q5: What are SoftBank’s most notable investments?
A: SoftBank’s most notable investments include Alibaba, Uber, WeWork, Grab, and OYO Rooms.
Q6: What industry does SoftBank primarily operate in?
A: SoftBank operates primarily in telecommunications, technology, and investment management, with a focus on innovation and cutting-edge technologies like AI and robotics.