SoftBank said its vice chairman Ron Fisher, chipmaker Arm’s CEO Simon Segars and external director Yuko Kawamoto will step down from the Japanese tech investment giant’s board. Fisher has been one of SoftBank founder Masayoshi Son’s most trusted lieutenants in global deals and operations since the 1990s. The 73-year-old Fisher played major roles in SoftBank’s past acquisitions of Sprint and...
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Sumo Logic Cuts Staff After Francisco Partners Takeover
Data analytics software company Sumo Logic made widespread layoffs this week, according to people familiar with the matter and an email to staff viewed by The Information, less than a month after private equity firm Francisco Partners bought the company for $1.7 billion. The exact size of the cuts couldn’t be learned. Chief Executive Joe Kim, who was named CEO three days after the...
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