by Chris DeMunbrun | Oct 8, 2025 | AI News
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during the company’s annual general meeting in Tokyo, Japan, on Friday, June 27, 2025. Bloomberg | Bloomberg | Getty Images SoftBank Group on Monday said it had agreed to buy the...
by Chris DeMunbrun | Oct 8, 2025 | AI News
ABB (ABBNY) on Wednesday said that it has signed an agreement to divest its Robotics division to SoftBank (SFTBY) for an enterprise value of $5.375 billion and not pursue its earlier intention to spin off the business as a separately listed company.
by Chris DeMunbrun | Oct 8, 2025 | AI News
SoftBank Group Corp. has agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, reflecting the Japanese investment firm’s interest in the burgeoning field.
by Chris DeMunbrun | Oct 8, 2025 | AI News
ABB on Wednesday said it has agreed to sell its robotics business to SoftBank Group in a deal that values the business at $5.38 billion.
by Chris DeMunbrun | Oct 8, 2025 | AI News
By John Revill and Anton Bridge 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 robotics and artificial intelligence....
by Chris DeMunbrun | Oct 8, 2025 | AI News
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Sami Atiya to leave ABB | News center
In line with divestment of Robotics division, Sami Atiya to serve as strategic advisor to Robotics during carve-out of the business ABB announced today that Sami Atiya, President Robotics...
