Softbank’s Increased Investment in AI Robots with ABB Robotics Acquisition
Softbank Group, the Japanese technology investor, intends to acquire the robotics division of the Swiss technology conglomerate ABB for $5.375 billion. This strategic move, as revealed in a statement by Softbank on Wednesday, involves the signing of an agreement for the acquisition. ABB Robotics specializes in manufacturing industrial, service, and transportation robots, some of which incorporate Artificial Intelligence (AI) technology. Through this acquisition, Softbank aims to enhance its portfolio with robots featuring embodied intelligence. The primary motivation cited by Softbank for this takeover is to deepen its involvement in the AI sector, encompassing AI chips, computing centers, energy, and AI robots.
Softbank views the acquisition of ABB Robotics as a means to bolster its robotics business sustainably. ABB Robotics is recognized globally as a robust brand synonymous with reliability and high performance. Additionally, the company is commended for its strong distribution network and customer relationships. Softbank plans to leverage the technology and expertise of ABB Robotics, along with its other robotics entities such as Softbank Robotics, Berkshire Grey, Autostore Holdings, Agile Robotics, and Sklid AI, to foster innovation and drive growth in the robotics industry. A new holding company will be established to house ABB’s robotics division as part of this initiative, with the total purchase price amounting to $5.375 billion, although specific details of the deal are yet to be finalized.
The approval of relevant regulatory authorities is required before the acquisition can be completed, indicating that the transaction process is expected to extend until the end of the second half of 2026. ABB had initially announced plans in April 2025 to launch its robotics business on the stock market in 2026, making the shift to a sale to Softbank unexpected. ABB Robotics holds a strong position in the global robotics market, recording a revenue of $2.4 billion and an operational EBITDA of $313 million in 2024. Stay updated with the latest news from heise online for timely updates on this development.
