Soft. Bank confirms 3. B acquisition of Fortress Investment Group. Japans Soft. Bank has made another acquisition to widen both its business strategy and its portfolio of investments. Today the company announced it would pay 3. Watch Jawbone Streaming' title='Watch Jawbone Streaming' />Fortress Investment Group, an asset manager and investor in its own right, with significant holdings in Lyft, Zest. Finance, Xapo, Jawbone and other tech companies. Watch Cold Comes The Night Megavideo here. This is Soft. Banks second dalliance with Fortress, in a sense. Watch Escape Room Download Full more. Recently, Soft. Bank committed to start a 1. Vision Fund which includes Apple as a 1 billion backer, among others the Vision Fund is run by Rajeev Misra, who joined Soft. Bank from Fortress. The news today comes after reports of a possible acquisition emerged this week. The deal introduces a new chapter into the ongoing story of Softbanks larger investment strategy  which changed under the leadership of Nikesh Arora to focus much more aggressively on investing in tech companies, but appeared to be changing tack again and slowing down after Aroras departure and Soft. Banks big purchase of ARM in the U. K. for 3. 1. 4 billion. At its core, the Jawbone Up is a very attractive pedometer with pretensions to be much more. It collects some interesting data, but ends up creating questions. USA. com provides easy to find states, metro areas, counties, cities, zip codes, and area codes information, including population, races, income, housing, school. Share this Rating. Title Jawbone 2017 6. Want to share IMDbs rating on your own site Use the HTML below. The essential tech news of the moment. Technologys news site of record. Not for dummies. Apples smartwatch hasnt exactly blown away the competition in the market for wearable smart gadgets, but its appeal is growing for some specific users. And it. When the ocean of hype turns toxic. San Franciscobased Jawbone was a unicorn whose valuation peaked at 3. Past tense because the maker of fitness. Jawbones latest fitness tracker looks great, has loads of sensors and is about as good as lifestyle fitness bands get. Is that reason enough to strap one on, thoughSoft. Banks CEO Masayoshi Son said that it would run the business independently, led by existing Fortress principals Pete Briger, Wes Edens and Randy Nardone, but that it would also be working alongside the Vision Fund. Fortresss excellent track record speaks for itself, and we look forward to benefiting from its leadership, broad based expertise and world class investment platform, said Son in a statement. For Soft. Bank, this opportunity will immediately help expand our group capabilities, and, alongside our soon to be established Soft. Bank Vision Fund platform, will accelerate our Soft. Bank 2. 0 transformation strategy of bold, disciplined investment and world class execution to drive sustainable long term growth. Soft. Bank is an extraordinary company that has thrived under the visionary leadership of Masayoshi Son, said Fortress co chairmen Pete Briger and Wes Edens in a statement. We are very pleased to announce an agreement setting our business on a great path forward as part of Soft. Bank, while creating significant value for our shareholders. We join a company with tremendous scale and resources, and a culture completely aligned with our focus on performance, service and innovation. We anticipate substantial benefits for our investors and business as a whole, and we have never been more optimistic about our prospects going forward. Soft. Bank said the deal has been unanimously approved by a special committee of independent directors of publicly traded Fortresss board of directors and Fortresss full board of directors. Featured Image MIKI YoshihitoFlickr UNDER A CC BY 2.