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

SoftBank's acquisition of ABB's robotics unit reflects billionaire Masayoshi Son's renewed interest in robots. The company was behind the development of humanoid, Pepper, which was unveiled in 2014.
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SoftBank to buy ABB’s robotics business in $5.4 billion deal

ZURICH--SoftBank Group said on Wednesday it has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal. The deal marks a major push by SoftBank founder and CEO ...
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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 ...

ABB Exits The Robotics Market, Aims To Bolster Industrial Automation

Discover why ABB (ABBNY) is a Buy for 2025, capitalizing on electrification, data centers, and industrial automation growth.

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.