ZURICH/TOKYO (Reuters) -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 ...

Yesterday, ABB Ltd (OTC:ABBNY) disclosed the acquisition of Swiss start-up Sevensense for an undisclosed amount. The buyout of Sevensense, a provider of AI-enabled 3D vision navigation technology for ...

SoftBank Group has added more arms to its portfolio, this time of the robotic kind.… The Japanese tech goliath is pushing ahead in its pursuit of "artificial super intelligence" after agreeing to buy ...

I recommend ABB Ltd as a Buy with a $64.39 price target, driven by strong market opportunities in automation, electrification, and data centers. ABB's planned divestiture of its robotics unit could ...

SoftBank announced in early October 2025 that it has agreed to acquire Swiss industrial giant ABB's robotics business for US$5.375 billion, with the deal expected to close in the second half of 2026.