SoftBank to buy ABB robotics unit in $5.4 billion deal to boost AI ambitions
TOKYO — SoftBank Group Corp. announced Monday that it has agreed to acquire the robotics division of Swiss engineering firm ABB for $5.4 billion, a move signaling the Japanese technology conglomerate’s renewed push into robotics and artificial intelligence. The deal, subject to regulatory approval across multiple markets, marks one of SoftBank’s largest acquisitions in recent … Read more


