SoftBank to buy ABB robotics unit for $5.4 billion
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ABB Ltd. has the appetite and firepower for acquisitions after the Swiss industrial giant agreed to sell its robotics unit to ...
Japan’s SoftBank, a major investor in ChatGPT creator OpenAI, said the acquisition was part of its AI-focused business ...
On October 8, 2025, the global tech investment landscape was stirred once again. Japan's SoftBank Group officially signed an ...
The tech titan doubles down on automation, snapping up ABB's robotics arm to supercharge SoftBank's AI ambitions.
SoftBank is paying $5.4 billion for the automation business, aiming to launch a combination of “technology and talent … to ...
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