SoftBank Group Corp. agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, reflecting billionaire Masayoshi Son’s growing bets on emerging technology in ...
Teradyne's robotics group cut about another 14% of its staff worldwide as revenue growth has not matched expectations.
SoftBank announced in early October 2025 that it has agreed to acquire Swiss industrial giant ABB's robotics business for US$5.375 billion, with the deal expected to close in the second half of 2026.
The acquisition brings together SoftBank's AI know-how and ABB's robotics expertise as companies race to stay ahead of tech advances. Japan's SoftBank Group has agreed to acquire the robotics branch ...
Image courtesy by QUE.com The robotics sector is rapidly evolving, thanks to remarkable advancements in sensor technology and ...
ABB Robotics has invested in California-based LandingAI to accelerate its use of vision AI. A key goal of this investment involves the integration of LandingAI’s vision AI tech, such as LandingLens, ...
SoftBank Group explored a potential takeover of U.S. chipmaker Marvell Technology Inc. earlier this year, according to a ...
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Tesla boss Elon Musk recently said he expects that Tesla's Optimus will eventually be responsible for as much as 80 per cent ...
The deal marks a major push by SoftBank founder and CEO Masayoshi Son into robotics, as he expands investment activity after a period of retrenchment. SoftBank, whose forays into robotics include the ...
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 ...
SoftBank Group said today it has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal. The deal marks a major push by SoftBank founder and CEO Masayoshi Son into ...
SoftBank’s Masayoshi Son has long predicted a future where robots would outnumber people and take over many jobs from humans.
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