Softbank is planning to increase its investments in AI robotics, with ABB Robotics emerging as a suitable acquisition target. Originally slated for an initial public offering, the Swiss technology conglomerate’s robotics division has now become the focus of a proposed $5.375 billion takeover by the Japanese technology investor, Softbank Group. This strategic move aims to bolster Softbank’s portfolio by integrating robots enhanced with artificial intelligence, positioning the company for greater involvement in AI technologies such as AI chips, data centers, energy, and AI-driven robots.
The acquisition of ABB Robotics is seen as a crucial step towards strengthening Softbank Group’s robotics business, leveraging the renowned ABB Robotics brand known for its reliability, high performance, robust distribution network, and strong customer relationships. By incorporating ABB Robotics’ technology and expertise, Softbank intends to foster innovation in collaboration with its other robotics entities like Softbank Robotics, Berkshire Grey, Autostore Holdings, Agile Robotics, and Sklid AI, thereby driving advancements in the robotics sector.
Under the proposed deal, ABB Robotics’ robotics division will be transitioned into a new holding structure, with the total acquisition cost amounting to $5.375 billion. However, finer details of the agreement are still pending finalization, and regulatory approvals are yet to be obtained. The transaction is expected to be completed by the end of the second half of 2026. Interestingly, ABB had previously announced in April 2025 its intention to take its robotics business public in 2026, but the shift to a sale to Softbank highlights a change in direction for the company, though the specific reasons for this transition remain unclear.
ABB Robotics has been a key player in the global robotics market, boasting a revenue of $2.4 billion and an operational EBITDA of $313 million in 2024. Stay updated with the latest news with heise online’s comprehensive daily news coverage. Subscribe to heise+ to access all content on heise online, including exclusive tests, guides, and in-depth articles, ensuring you are always informed on the latest developments.
