US EditionSoftBank to buy ABB robotics unit for $5.4 billion as it boosts its AI play
SoftBank’s $5.4 billion acquisition of ABB Robotics aims to advance Physical AI by combining robotics with artificial intelligence, expanding its real-world AI applications.
- On Monday, SoftBank Group agreed to buy ABB Ltd's robotics division for $5.4 billion, replacing ABB's prior plan to spin off the business.
- SoftBank's recent investments show it has aggressively backed AI and AI-linked sectors over two years, with Masayoshi Son, chairman and chief executive officer of SoftBank Group, promoting Artificial Super Intelligence .
- ABB's robotics arm employs about 7,000 people and generated $2.3 billion in sales last year, and ABB said the transaction will generate cash proceeds of roughly $5.3 billion expected to close mid-to-late 2026.
- The transaction is subject to regulatory approval globally, and Masayoshi Son described the purchase as central to advancing `Physical AI` by uniting robotics with his ASI vision.
- ABB said proceeds will fund long-term capital allocation, including acquisitions, organic growth and potential shareholder returns, while Masayoshi Son highlighted the AI vision at the June 27, 2025 meeting.
19 Articles
19 Articles
Softbank Takes Over ABB Robotics In A $5.4 Billion Deal To Bolster AI Portfolio - ARM Holdings (NASDAQ:ARM), ABB (OTC:ABBNY)
SoftBank Group (OTC:SFTBY) (OTC:SFTBF) said on Wednesday it will buy the robotics division of Swiss engineering firm ABB (OTC:ABBNY) in a $5.4 billion deal, as the Japanese firm looks to boost its artificial intelligence portfolio. ABB Robotics Poised To Boost SoftBank's AI Vision “SoftBank's next frontier is Physical AI. Together with ABB Robotics, we will unite world-class technology and talent under our shared vision to fuse Artificial Super…
SoftBank strikes deal to acquire ABB’s robotics business for US$5.4 billion
SoftBank Group Corp on Wednesday said it has agreed to buy the robotics business of Swiss engineering group ABB in a US$5.4 billion deal. The deal marks a major push by SoftBank founder and CEO Masayoshi Son into robotics, as he expands investment activity after a period of retrenchment. SoftBank, whose forays into robotics include the humanoid Pepper, has investments in the segment, including in Berkshire Grey and AutoStore. The deal means ABB …
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