SoftBank says this acquisition will help it dive deeper into robotics as it considers physical AI to be the next frontier.

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

European tech giant ABB has agreed to divest ABB's robotics division to Japan's SoftBank Group for an enterprise value of $5.375 billion.

The acquisition brings together SoftBank's AI know-how and ABB's robotics expertise as companies race to stay ahead of tech advances. Japan's SoftBank Group has agreed to acquire the robotics branch ...

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 ...

ZURICH/TOKYO :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 ...

The deal marks a major push by SoftBank founder and CEO Masayoshi Son into robotics, as he expands investment activity after a period of retrenchment. SoftBank, whose forays into robotics include the ...