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SoftBank to Acquire ABB Robotics Division for $5.4 Billion

10/10/2025

Summary

Story summary

SoftBank Group will acquire ABB's robotics division for $5.4 billion, shifting both companies' strategies.
The deal is expected to close in mid-2026, pending regulatory approval, and replaces ABB's plan to spin off the unit.
SoftBank plans to combine ABB's expertise with its AI capabilities, focusing on "Physical AI," according to CEO Masayoshi Son.
ABB anticipates generating approximately $5.3 billion in cash from the sale to enhance its electrification and automation sectors.
The robotics division, which employs around 7,000 people, generated $2.3 billion in revenue last year.

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Story summary

SoftBank Group will acquire ABB's robotics division for $5.4 billion, shifting both companies' strategies.
The deal is expected to close in mid-2026, pending regulatory approval, and replaces ABB's plan to spin off the unit.
SoftBank plans to combine ABB's expertise with its AI capabilities, focusing on "Physical AI," according to CEO Masayoshi Son.
ABB anticipates generating approximately $5.3 billion in cash from the sale to enhance its electrification and automation sectors.
The robotics division, which employs around 7,000 people, generated $2.3 billion in revenue last year.