SoftBank Group Corp - To Acquire ABB's Robotics Business For $5.375 Billion
ReutersOct 8, 2025 5:31 AM
Oct 8 (Reuters) - SoftBank Group Corp 9984.T:
ACQUISITION OF ABB LTD'S ROBOTICS BUSINESS
AGREED WITH ABB LTD TO ACQUIRE ABB’S ROBOTICS BUSINESS FOR TOTAL PRICE OF $5.375 BILLION
ACQUISITION EXPECTED TO SIGNIFICANTLY STRENGTHEN SBG’S AI ROBOTICS BUSINESS
EXPECT ACQUISITION TO CLOSE IN MID-TO-LATE 2026
CEO MASAYOSHI SON SAID 'TOGETHER WITH ABB ROBOTICS, WE WILL UNITE WORLD-CLASS TECHNOLOGY AND TALENT UNDER OUR SHARED VISION TO FUSE ARTIFICIAL SUPER INTELLIGENCE AND ROBOTICS'
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