Reported 12 days ago
Oracle Corp. has announced that it owns 29% of Ampere Computing LLC and has invested significantly in convertible debt, which may enable it to take control of the chipmaker. The company is exploring future investment opportunities that could lead to consolidation with Oracle's operations. Ampere, known for its server processors built on Arm technology, is currently assessing a possible sale and has moved away from plans for an IPO.
Source: YAHOO