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SoftBank to buy ABB's robot business for $5.4 billion in push to merge AI and robotics

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 ...
Bloomberg L.P.

SoftBank to Buy ABB’s Robotics Arm in $5.4 Billion Deal

SoftBank Group Corp. agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, reflecting billionaire Masayoshi Son’s growing bets on emerging technology in ...
Morningstar

ABB: SoftBank Group Set to Acquire ABB's Robotics Business at a Fair Price of $5.4 Billion

ABB announced that it will sell its robotics division to SoftBank for $5.4 billion, shifting from its initial intention in April to spin off and list the division. The robotics business contributed 7% ...

ABB India Ltd. Share Price

Get the latest ABB India Ltd. share price today on NSE & BSE. Explore ABB India Ltd. stock analysis, financial performance, market capitalization, dividend history, and future outlook for investors in ...