SoftBank Invests $2.8 billion In Norwegian Robotics Firm AutoStore

Japanese tech conglomerate SoftBank has acquired 40% of Norwegian warehouse automation firm AutoStore for $2.8 billion. The news was first reported by The Wall Street Journal on Monday and later confirmed by AutoStore in an update on its website. The deal values AutoStore at $7.7 billion. SoftBank, which has made a string of investments into…

Norway’s $6 Billion Company Aker Establishes Bitcoin Unit Seetee

Aker ASA, an Oslo-based $6 billion public company, announced today that it has established a dedicated unit to invest in Bitcoin. The newly established entity, Seetee will actively partner with other companies working in the Bitcoin ecosystem. According to the official press release, Seetee is initially capitalized with NOK 500 million ($58 million). Aker ASA…