The acquisition from ABB marks the largest in a long and patchy record of robotics investments by SoftBank Chief Executive Masayoshi Son.
SoftBank says this acquisition will help it dive deeper into robotics as it considers physical AI to be the next frontier.
SoftBank Group Corp. agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, ...
Robots are one of four strategic areas SoftBank is investing heavily in to realize Son’s vision of dominating the AI industry ...
SoftBank's acquisition of ABB's robotics unit reflects billionaire Masayoshi Son's renewed interest in robots. The company ...
SoftBank has struck a definitive deal to acquire ABB’s robotics business for $5.375 billion, doubling down on founder ...
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SoftBank Group to acquire ABB’s robotics unit for $5.4bn
SoftBank Group has agreed to acquire the robotics business of Switzerland-based technology company ABB for an enterprise ...
SoftBank Group Corp. (TYO:9984) is once again tapping global debt markets as it ramps up investments in artificial ...
Japanese investment group SoftBank said it’s paying $5.3 billion for the robotics division of Swiss-Swedish engineering company ABB to advance a bet on what it calls artificial super intelligence.
The deal marks a significant push by SoftBank founder Masayoshi Son into robotics, as he expands investment after a period of ...
Softbank wants to invest more in AI robots. ABB Robotics is just the right takeover candidate. The company was actually ...
ABB sells its robotics division to SoftBank for $5.375 billion, pivoting from its previously planned spin-off to become part ...
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