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robotics/news//Caixin
SoftBank to acquire ABB’s robotics business for a total of $5.4 billion.
SoftBank will acquire ABB’s robotics business for $5.4 billion.
KEY POINTS
The deal is expected to close between mid- and late 2026, pending regulatory approval.
Regulatory reviews will occur in the EU, China, and the United States.
SoftBank’s board has already approved the acquisition agreement with ABB.
SoftBank to acquire ABB’s robotics business
Japan’s SoftBank announced Oct. 8 it has signed an agreement with ABB to acquire its robotics business for a total of $5.4 billion. The acquisition, approved by SoftBank’s board, is expected to close between mid- and late 2026, pending regulatory approvals in jurisdictions including the EU, China and the U.S.
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