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Microsoft and Foxconn join SoftBank's $108bn Vision Fund sequel

Saudi Arabia and Abu Dhabi not named on list of participants

SoftBank founder and CEO Masayoshi Son speaks during a news conference in Tokyo. (Photo by Ken Kobayashi) 

TOKYO -- Microsoft and Foxconn Technology have joined more than a dozen other investors who have agreed to contribute at least $70 billion to the sequel to SoftBank Group's near $100 billion Vision Fund, as the Japanese conglomerate looks to maintain its rapid pace of deal-making in technology companies around the world.

SoftBank signed memorandums of understanding with the investors, which also include major Japanese banks, Taiwanese investors and a sovereign wealth fund of Kazakhstan, it said in a news release on Friday.

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