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

SoftBank Group is acquiring ABB Group's robotics unit for $5.375 billion, marking a significant expansion into physical AI. The deal, pending regulatory approval, aims to boost sales of ABB's robotics offerings, despite declining revenues. This acquisition reflects SoftBank's commitment to robotics, aligning with its broader vision for artificial superintelligence and innovation.

Key points

  • SoftBank is buying ABB's robotics business for $5.375 billion, which is subject to regulatory approval.
  • The acquisition is expected to close by mid-to-late 2026.
  • The robotics business of ABB employs around 7,000 people and generated $2.3 billion in revenue in 2024.
  • ABB plans to spin out its robotics group after this acquisition.
  • SoftBank aims to reignite the robotics sales following a revenue decline from $2.5 billion in 2023 to $2.3 billion in 2024.
  • SoftBank has been investing in robotics companies, including AutoStore, Skild AI, and AgileRobots.
  • The company launched SoftBank Robotics Group in 2014 and identifies physical AI as its next frontier.

Why it matters

  • The acquisition connects to the ongoing trend where companies seek to enhance AI integration into physical processes, aligning with broader 2025 IT trends.
  • Historical investments in robotics are becoming increasingly significant as industries look for automation solutions.
  • SoftBank's focus on artificial superintelligence (ASI) coincides with advancements in AI technologies reshaping various sectors.

The acquisition of ABB's robotics unit by SoftBank underscores its strategic intent to lead in the robotics and AI landscape, potentially shaping future advancements and driving market growth in these critical technologies.