Yahoo Finance

SoftBank to buy ABB's robot business for $5.4 billion in push to merge AI and robotics

ZURICH/TOKYO (Reuters) -SoftBank Group has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal, as the Japanese investor forges ahead with a strategy to fuse ...
Reuters

SoftBank to buy ABB's robot business for $5.4 billion in push to merge AI and robotics

ZURICH/TOKYO, Oct 8 (Reuters) - SoftBank Group (9984.T), opens new tab has agreed to buy the robotics business of Swiss engineering group ABB (ABBN.S), opens new tab in a $5.4 billion deal, as the ...
Bloomberg L.P.

SoftBank Shares Jump 13% as Bull Case Grows With ABB Robot Deal

SoftBank Group Corp.’s stock surged as much as 13% to a fresh intraday high as its plan to buy ABB Ltd.’s robotics arm boosted expectations for profit growth from artificial intelligence. The Japanese ...
Seeking Alpha

ABB evaluating sale of robotics unit as alternative to spin - Bloomberg

ABB Ltd (OTCPK:ABBNY) is evaluating a possible sale of its robotics unit as an alternative to a spinoff it announced last month. Swiss industrial group ABB last month announced plans to spin off its ...