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The Japanese tech goliath is pushing ahead in its pursuit of "artificial super intelligence" after agreeing to buy ABB's robotics business for a cool $5.4 billion. The companies announced the deal, ...

SoftBank Group Corp. has announced a definitive agreement to acquire ABB Ltd.’s robotics business in a deal valued at $5.4 billion (¥818.7 billion), marking one of the largest technology acquisitions ...

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 ...

[TOKYO] SoftBank Group said on Wednesday (Oct 8) it has agreed to buy the robotics business of Swiss engineering group ABB in a US$5.4 billion deal. The deal marks a major push by SoftBank founder and ...

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 ...

Japan's SoftBank Group agreed to purchase ABB's robotic business in a deal that values it at $5.38 billion, including debt, putting an end to the Swiss company's previous plans to spin off the unit.

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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 ...

Japan's SoftBank Group agreed to purchase ABB's robotic business in a deal that values it at $5.38 billion, furthering the investment company's push into the business of artificial intelligence.

SoftBank to buy ABB’s robotics arm for $5.4 billion in its latest AI-focused deal. ABB drops plans for a spin-off; expects $5.3 billion in cash proceeds. Deal expected to close by mid-to-late 2026, ...

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