380亿，孙正义买走了

Core Insights - ABB Group announced the divestiture of its robotics business unit to SoftBank Group for $5.375 billion, marking a significant shift in the global industrial automation landscape [1][3][11] - The deal is expected to reshape the global robotics industry, with SoftBank acquiring a team of 7,000 engineers, 500,000 installed units, and all intellectual property [3][11] Summary by Sections Transaction Details - The transaction involves ABB transferring its robotics division into a newly established holding company, which SoftBank will then acquire entirely in cash [3] - After the deal, ABB expects to net approximately $4.7 billion after costs and taxes, alongside a projected non-operating pre-tax gain of about $2.4 billion [3][4] Strategic Shift for ABB - ABB's initial plan for an IPO of its robotics business was abandoned in favor of the acquisition due to the immediate financial benefits [4] - The robotics division, once a core part of ABB, is being divested as the company refocuses on electrification and automation, indicating a strategic pivot away from robotics [5][12] SoftBank's Vision - SoftBank's acquisition is seen as a bet on the future of technology, aiming to integrate artificial superintelligence (ASI) with robotics to drive a transformative revolution [7][8] - The acquisition fills a critical gap in SoftBank's industrial applications, enhancing its portfolio in the robotics sector [8][12] Industry Implications - The acquisition accelerates the competition in the robotics industry, with traditional players reassessing their positions in the AI era [11][12] - The shift in the robotics landscape presents both opportunities and challenges for Chinese robotics companies, which hold over 50% of the domestic market share [12][13] - Future competition will focus on ecosystem and AI capabilities rather than just hardware performance, with a critical window for smart transformation lasting 5-10 years [13]