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SoftBank to buy ABB's robot business for $5.4 billion in push to merge AI and robotics

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 ...
CNBC

SoftBank to buy ABB robotics unit for $5.4 billion as it boosts its AI play

SoftBank Group agreed to buy the robotics division of Swiss engineering firm ABB for $5.4 billion. The move is part of a number of investments and acquisitions by SoftBank as it looks to position ...
Assembly Magazine

ABB Launches High-Speed Cobot Family to Bridge Gap Between Collaborative and Industrial Robots

ABB Robotics has introduced a new family of collaborative robots designed to combine the flexibility of cobots with the speed ...
Digi Times

SoftBank's acquisition of ABB's robot business reshuffles competition

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.
Reuters

SoftBank to buy ABB's robot business for $5.4 billion in push to merge AI and robotics

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 ...