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SoftBank to Buy ABB Robotics for $5.4 Billion

The sale stops ABB’s planned robotics spin-off, with completion dependent on global regulatory approval.

Overview

  • The companies said the transaction follows a signed agreement and moves into regulatory review across multiple jurisdictions.
  • The deal is targeted to close in mid-to-late 2026, subject to approvals.
  • ABB said the divestment will create immediate value for shareholders and that proceeds will be used under its capital-allocation principles, including dividends, buybacks and growth investments.
  • The robotics unit employs about 7,000 people and generated roughly $2.3 billion in sales last year, representing about 7% of ABB’s revenue.
  • SoftBank framed the acquisition as a push into “Physical AI,” aligning the business with its AI ecosystem that includes Arm, a major stake in OpenAI, and robot-focused investments such as AutoStore and Agile Robots.