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SoftBank to buy ABB's robotic arm
Mint Hyderabad
|October 09, 2025
SoftBank Group has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4.billion deal, as the Japanese investor forges ahead with a strategy to fuse robotics and artificial intelligence.
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The acquisition, announced on Wednesday, is the latest by founder and chief executive officer Masayoshi Son to establish Softbank as a core player in the development of artificial intelligence. SoftBank pushed into humano
This story is from the October 09, 2025 edition of Mint Hyderabad.
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