LISTEN: ABB to Sell Robotics Divison for $5.4 Billion
Update: 2025-10-14
Description
An engineering brand synonymous with bots will divest its robotics division.
ABB has announced that it is selling this business to SoftBank – a Japanese financial holding company with a heavy emphasis in technology.
SoftBank owns significant stakes in major companies like Nvidia and T-Mobile, and recent reports have suggested that the firm is carving out a strategic growth plan specific to AI.
And that’s likely where ABB comes in.
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