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ABB to sell robots business to SoftBank

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 · 1d
SoftBank Acquires ABB’s Robotics Business for $5.4B
SoftBank has struck a definitive deal to acquire ABB’s robotics business for $5.375 billion, doubling down on founder Masayoshi Son’s drive to fuse advanced AI with industrial robots.

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 · 2d · on MSN
SoftBank to Buy ABB’s Robotics Arm in $5.4 Billion Deal
 · 2d · on MSN
SoftBank to buy ABB's robot business for $5.4 billion in push to merge AI and robotics
2d

ABB Gears Up for Acquisitions After $5 Billion Robotics Sale

ABB Ltd. has the appetite and firepower for acquisitions after the Swiss industrial giant agreed to sell its robotics unit to ...
Tech Xplore
2d

SoftBank buys $5.4 bn robotics firm to advance 'physical AI'

Tech investment giant SoftBank Group said Wednesday it will buy Swiss-Swedish firm ABB Robotics for nearly $5.4 billion as ...
American Machinist
2d

ABB Robotics Sold in Bid for Physical AI

SoftBank is paying $5.4 billion for the automation business, aiming to launch a combination of “technology and talent … to ...
2d

SoftBank's Masayoshi bet on Swiss major ABB's robotics unit in $5.4 billion deal, India arm to assess impact

Swiss engineering group ABB had announced that it is divesting the robotics business at an enterprise value of $5.375 billion ...

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