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SoftBank to Acquire ABB Robotics for $5.4 Billion

10/8/2025

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Story summary
  • SoftBank Group will acquire ABB's robotics division for $5.4 billion, shifting ABB's strategic focus to electrification.
  • The deal is expected to close by mid-to-late 2026, after ABB abandoned plans for a separate listing of the robotics unit.
  • ABB's robotics division employs 7,000 people and generated $2.3 billion in 2024 revenue, about 7% of ABB's total.