Event
SoftBank agrees to buy ABB robotics division for $5.4B
Key points
- SoftBank acquires ABB's robotics division for $5.375 billion, expected to close mid-to-late 2026.
- ABB's robotics business generated $2.279 billion in revenue for the fiscal year ended December 2024.
Company context
ABB is a global leader in industrial automation and robotics, with one of the largest installed bases of industrial robots worldwide. The company provides end-to-end automation solutions, combining robotic hardware, control systems, and factory integration. Its robotics division is a core enabler of manufacturing automation across automotive, electronics, and logistics sectors.
Context
- Company
- ABB
- Segment
- Industrial Automation
- Event type
- Acquisition
- Geography
- Zurich · Switzerland