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SoftBank to Buy ABB’s Robotics Arm in $5.4 Billion Deal

(Bloomberg) -- 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 ...
Virginia Business

SoftBank to buy ABB robotics unit in $5.4B AI push

ZURICH/TOKYO (Reuters) -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 ...

SoftBank bulks up its robotics portfolio with ABB Group’s robotics unit

SoftBank says this acquisition will help it dive deeper into robotics as it considers physical AI to be the next frontier.
U.S. News & World Report

SoftBank to Buy ABB's Robot Business for $5.4 Billion in Push to Merge AI and Robotics

ZURICH/TOKYO (Reuters) -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 ...
Forbes

Billionaire Masayoshi Son’s SoftBank Deepens AI Push With $5.4 Billion ABB Robotics Deal

The Pepper humanoid robot developed by SoftBank. SoftBank Group—controlled by Japan’s richest person, Masayoshi Son—has agreed to buy the robotics unit of Swiss industrial giant ABB Ltd. for $5.4 ...
Reuters

AI data centre boom spurs robot maker ABB's US sales

ZURICH, Oct 16 (Reuters) - Swiss engineering company ABB (ABBN.S), opens new tab said it is seeing strong customer demand, particularly from a surge in new data centres being built in the U.S. to ...