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 ...

Japanese investing conglomerate SoftBank Group is buying a robotics company as the financial behemoth says physical AI is its next frontier. SoftBank announced on Wednesday that it has acquired Zurich ...

Japanese tech giant SoftBank is acquiring ABB's robotics unit for $5.4 billion, signaling a major push into "Physical AI." This strategic move by SoftBank founder Masayoshi Son aims to bolster its AI ...

The Pepper humanoid robot developed by SoftBank. SoftBank Group—controlled by Japan’s richest person, Masayoshi Son—has agreed to buy the robotics unit of Swiss industrial giant ABB Ltd. for $5.4 ...

The deal is expected to be finalised in mid to late 2026, subject to regulatory approvals and closing conditions. Japanese multinational investment company SoftBank Group Corp has announced plans to ...

Strong customer value proposition by combining ABB Robotics' leading technology and industry expertise with SoftBank's state-of-the-art capabilities in AI, robotics and next-generation computing ...

Japan's SoftBank Group (SBG) and Swiss heavy electrical firm ABB have signed an agreement for SoftBank to acquire ABB's robotics business for US$5.375 billion. According to reports from Nikkei and ...

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 ...

SoftBank Group Corp.’s stock surged as much as 13% to a fresh intraday high as its plan to buy ABB Ltd.’s robotics arm boosted expectations for profit growth from artificial intelligence. The Japanese ...

Tokyo-headquartered SoftBank Group has become well known in recent years for big money acquisitions made through its $100bn Vision Fund, said to be the world's largest technology-focused venture ...

Shares of ABB are now trading higher following the announcement. ABB’s robotics unit, which manufactures factory robots and industrial automation equipment, reported about $2.3 billion in revenue last ...

(Sharecast News) - Japan's SoftBank said on Wednesday that it has agreed to buy the robotics business of Swiss engineering company ABB for $5.4bn. The deal, which is subject to customary regulatory ...