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SoftBank announced in early October 2025 that it has agreed to acquire Swiss industrial giant ABB's robotics business for US$5.375 billion, with the deal expected to close in the second half of 2026.

Following SoftBank's acquisition of ABB's robotics business, the global industrial robot landscape has shifted from a European-Japanese balance to dominance by Japanese firms and China's Midea Group.

Meet Sparrow, Cardinal and Proteus. They’re the robots that, step by step, are replacing human workers in the company’s warehouses. By Karen Weise Karen Weise reported from Shreveport, La., and has ...

ABB Robotics has invested in California-based LandingAI to accelerate its use of vision AI. A key goal of this investment involves the integration of LandingAI’s vision AI tech, such as LandingLens, ...

ZURICH/TOKYO, Oct 8 (Reuters) - SoftBank Group (9984.T), opens new tab has agreed to buy the robotics business of Swiss engineering group ABB (ABBN.S), opens new tab in a $5.4 billion deal, as the ...

‘SoftBank’s next frontier is Physical AI,’ said founder Masayoshi Son. ‘SoftBank’s next frontier is Physical AI,’ said founder Masayoshi Son. is a London-based reporter at The Verge covering all ...

SoftBank Group Corp. agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, reflecting billionaire Masayoshi Son’s growing bets on emerging technology in ...

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 ...

One of the world’s largest industrial automation providers is changing owners. ABB Group today said it is divesting its ABB Robotics & Discrete Automation division to SoftBank Group Corp. for $5.375 ...