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SoftBank Group agrees to acquire ABB's robotics business, which generated $2.3B in sales in 2024, for $5.4B, in a deal expected to close in mid-t


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2025-10-08 08:11:32
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Cybersecurity Business

John Revill / Reuters:

SoftBank Group agrees to acquire ABB's robotics business, which generated $2.3B in sales in 2024, for $5.4B, in a deal expected to close in mid-to-late 2026  —  SoftBank Group (9984.T) said on Wednesday it has agreed to buy the robotics business of Swiss engineering group ABB (ABBN.S) in a $5.4 billion deal.




John Revill / Reuters:

SoftBank Group agrees to acquire ABB's robotics business, which generated $2.3B in sales in 2024, for $5.4B, in a deal expected to close in mid-to-late 2026  —  SoftBank Group (9984.T) said on Wednesday it has agreed to buy the robotics business of Swiss engineering group ABB (ABBN.S) in a $5.4 billion deal.



Source: TechMeme
Source Link: http://www.techmeme.com/251008/p9#a251008p9


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