SoftBank Group is set to acquire ABB's robotics division for approximately 818.7 billion yen to enhance its capabilities in AI and industrial automation.
Target Information
SoftBank Group Corp. has announced the acquisition of the robotics division from Swiss industrial giant ABB Ltd. This division specializes in the development and manufacturing of industrial robots, targeting advancements in automation and productivity. The business is expected to generate revenues of approximately 344.1 billion yen for the fiscal year ending December 2024.
The acquisition, valued at approximately 818.7 billion yen, is part of SoftBank's broader strategy to heavily invest in artificial intelligence (AI) and advanced robotics. The transaction is set to be completed between mid to late 2026, with the acquisition involving all shares of a newly established entity to be formed through ABB's corporate spin-off.
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Industry Overview in Switzerland
Switzerland has a robust industrial sector, particularly in the fields of engineering, manufacturing, and technology. The country's emphasis on precision engineering and innovation has positioned it as a key player in t
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in a Buyout deal
Disclosed details
Transaction Size: $550M
Revenue: $23M