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 ...
24/7 Wall St.

Beijing Reportedly Feared Chinese Robot Data Could End Up Training OpenAI’s Models. So It Blocked SoftBank’s $5.4 Billion Purchase Of ABB’s Robotics Unit

The Financial Times reported on Nov. 5, 2026, citing multiple people familiar with the matter, that China’s National ...
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 ...
Tech Times on MSN

ABB E-Device Brings ISO 10218:2025-Compliant Robot Control to Any Tablet or PC

ABB E-Device robot tablet control is now a reality: ABB Robotics launched the E-Device, a compact hardware module that lets factories operate OmniCore robots from any tablet or PC while satisfying the ...
Yahoo Finance

SoftBank bulks up its robotics portfolio with ABB Group’s robotics unit

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 ...
Seeking Alpha

ABB to spin off robotics business

Swiss industrial group ABB (OTCPK:ABBNY) plans to spin off its entire robotics division, the world's second-largest industrial robotics business. It generated sales of $2.3B in 2024, equivalent to 7% ...