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SoftBank’s Vision Fund to Explore Sale of OSIsoft Stake

  • SoftBank’s stake could be worth more than $1.5 billion
  • Part of the firm’s plan to offload investments to raise cash

SoftBank Group Corp. is exploring a sale of a minority stake in OSIsoft LLC that could be worth more than $1.5 billion, according to people familiar with the matter.

SoftBank is working with a financial adviser to sell the stake in the industrial software company, which is held by its Vision Fund, said the people, who asked to not be identified because the matter isn’t public. The move is part of SoftBank’s new focus on raising cash, they said.