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Oct 8, 2025 8:00 AM

Softbank Buys ABB Robotics In $5.4 Billion Deal To Boost AI Play

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 Intelligence and robotics, driving a groundbreaking evolution that will propel humanity forward,” CEO Masayoshi Son said.

The deal means ABB will no longer pursue plans to spin off its robotics division into a separate publicly listed company.

The transaction is expected to close in mid-to-late 2026 and generate cash proceeds ...