SoftBank to Acquire ABB's Robotics Business Amid Growing AI-Related Investments

Core Viewpoint - SoftBank Group plans to acquire ABB's robotics business for $5.375 billion, aiming to enhance its investments in artificial intelligence and robotics [1][2]. Group 1: Acquisition Details - The acquisition is expected to close in mid- to late-2026, subject to customary closing conditions [2]. - SoftBank's investment will complement its existing portfolio, which includes SoftBank Robotics Group, Berkshire Grey, AutoStore Holdings, Agile Robots, and Skild AI [3]. Group 2: Strategic Rationale - ABB's robotics business is recognized globally with extensive sales channels and customer relationships, and SoftBank's investment is anticipated to reignite growth in this sector [3]. - SoftBank's Chairman and CEO, Masayoshi Son, emphasized the vision of merging artificial super intelligence with robotics to drive significant advancements for humanity [4]. Group 3: ABB's Perspective - ABB's decision to sell reflects the long-term strengths of its robotics business and aims to create immediate value for its shareholders [5]. - ABB had considered spinning off its robotics division due to limited synergies with its other businesses, which focus on electrification and automation [4][5]. Group 4: Broader Investment Context - In addition to the ABB acquisition, SoftBank has made significant investments in advanced technology, including a $2 billion investment in Intel and a $40 billion investment in OpenAI [6].