SoftBank Group has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal, as the Japanese investor forges ahead with a strategy to fuse robotics and artificial ...

SoftBank Group has agreed to acquire the robotics business of Switzerland-based technology company ABB for an enterprise ...

SoftBank says this acquisition will help it dive deeper into robotics as it considers physical AI to be the next frontier.

ABB sells its robotics division to SoftBank for $5.375 billion, pivoting from its previously planned spin-off to become part ...

SoftBank's acquisition of ABB's robotics unit reflects billionaire Masayoshi Son's renewed interest in robots. The company ...

Swiss engineering group ABB had announced that it is divesting the robotics business at an enterprise value of $5.375 billion, which it said will create value for shareholders and reflects long-term ...

SoftBank will buy ABB's robotics division for $5.4 billion, aiming to grow its AI and automation business; the deal is expected to close by mid- to late-2026, pending approvals ...

SoftBank’s Masayoshi Son has long predicted a future where robots would outnumber people and take over many jobs from humans.

SoftBank Group Corp. agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, reflecting billionaire Masayoshi Son’s growing bets on emerging technology in ...

Japanese multinational investment company SoftBank Group Corp has announced plans to acquire the robotics division of Swedish-Swiss electrical and engineering platform ABB, in a deal valued at nearly ...

SoftBank Group will buy ABB's robotics business for $5.4 billion, aiming to integrate robotics with artificial intelligence. The move follows ABB's struggles in sales and profitability within the ...

Swedish-Swiss multinational ABB has announced it is selling its robotics division to SoftBank for $5.375bn.