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    • €473 million

      • Japanese giant SoftBank has paid €473 million for a controlling stake in Irish technology company Cubic Telecom, in a deal that will net the company’s founders and its private backers a multimillion-euro payout. The agreement values Cubic at more than €900 million, with SoftBank taking a 51 per cent stake in the company.
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  2. Dec 4, 2023 · With this investment, SoftBank and Cubic Telecom will form a strategic global partnership to pioneer the future of software-defined connected vehicles and other high-value Internet-of-Things (IoT) assets*4 by harnessing the power of global connectivity platforms.

  3. Dec 5, 2023 · Japanese giant SoftBank has paid €473 million for a controlling stake in Irish technology company Cubic Telecom, in a deal that will net the company’s founders and its private backers a...

    • Ciara O'brien
  4. Dec 5, 2023 · With this investment, SoftBank and Cubic Telecom will form a strategic global partnership to pioneer the future of software-defined connected vehicles and other high-value Internet-of-Things (IoT) assets *4 by harnessing the power of global connectivity platforms.

  5. Dec 4, 2023 · Cubic Telecom, which provides a software-based networking solution for vehicles (and other devices) to link up with mobile networks in whichever country they happen to be, has picked up €473...

  6. Dec 5, 2023 · Japan’s SoftBank Corp has acquired a majority stake in Dublin-based Cubic Telecom, which makes internet-of-things (IoT) software for vehicles, for €473m.

  7. In conjunction with Cubic Telecom becoming a subsidiary, SoftBank launched new collaborative initiatives, including sales cooperation to expand the sales of Cubic Telecom's global connectivity platform mainly in the Asia-Pacific (APAC) region and developing new services.

  8. Dec 5, 2023 · LONDON/TOKYO, Dec 5 (Reuters) - SoftBank Corp (9434.T) will invest roughly 473 million euros ($514 million) to take a 51% equity stake in Cubic Telecom that will give the Dublin-based...

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