M&A Deal Summary

SoftBank Acquires Cable and Wireless IDC

On February 17, 2005, SoftBank acquired communications company Cable and Wireless IDC from Sable Holding

Acquisition Highlights
  • This is SoftBank’s 1st transaction in the Communications sector.
  • This is SoftBank’s 2nd transaction in Japan.

M&A Deal Summary

Date 2005-02-17
Target Cable and Wireless IDC
Sector Communications
Buyer(s) SoftBank
Sellers(s) Sable Holding
Deal Type Divestiture

Target

Cable and Wireless IDC

Tokyo, Japan
Cable and Wireless IDC, which has a large and reliable communication infrastructure and corporate customer service base in Japan.

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Buyer(S) 1

Buyer

SoftBank

Tokyo, Japan

Category Company
Founded 1981
Sector Diversified
Employees80,909
Revenue 6.57T JPY (2023)
DESCRIPTION

SoftBank is a diversified telecommunications and internet corporation, with operations in broadband, fixed-line telecommunications, e-commerce, Internet, broadmedia, technology services, finance, media and marketing, and other businesses. SoftBank was founded in 1981 and is based in Tokyo, Japan.


DEAL STATS #
Overall 3 of 26
Sector (Communications) 1 of 6
Type (Divestiture) 1 of 3
Country (Japan) 2 of 5
Year (2005) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-04-07 Ziff Davis

New York, New York, United States

Ziff Davis is a digital media company specializing in the technology market, reaching over 7 million highly engaged in-market buyers and influencers every month. Ziff Davis sites, which feature trusted and comprehensive evaluations of the newest and hottest products, include PCMag.com, ExtremeTech, GearLog, GoodCleanTech, DL.tv, AppScout, CrankyGeeks, Smart Device Central and TechSaver.com. Ziff Davis was founded in 1999 and is based in New York City.

Sell $780M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-01 BB Modem Rental Yugen Kaisha

Japan

BB Modem Rental Yugen Kaisha engages in Modem rental business.

Sell -

Seller(S) 1

SELLER

Sable Holding

London,, United Kingdom

Category Company
Founded 2003
Sector Communications
DESCRIPTION

Cable & Wireless Communications Plc is a full-service communications provider.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
Country (Japan) 1 of 1
Year (2005) 1 of 1