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 ...
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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 ...

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.
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ABB Strengthens Robotic Offerings With Codian Robotics Buyout

ABB Ltd ABB announced that it acquired Ede, Netherlands-based company Codian Robotics B.V. on Oct 1. The financial terms of the transaction have not been disclosed by the company. It is worth noting ...
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ABB expands robot line-up for China to tap mid-sized customers

ZURICH, July 2 (Reuters) - ABB (ABBN.S), opens new tab is launching three new families of factory robots designed specially for China, the Swiss engineering company said on Wednesday, as it aims to ...

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.