Softbank to Acquire ABB‘s Robotics Business for $5.375 Billion
ABB has agreed to sell its robotics division to Softbank Group Corp. for $5.375 billion. The deal, announced recently, is a key component of Softbank’s strategy to bolster its artificial intelligence (AI) robotics business and is expected to close in 2026.
ABB’s robotics business is a globally recognized leader known for its reliability and performance, supported by a considerable distribution network and established customer base. Softbank believes it is well-positioned to drive renewed growth within the business, especially through investment in advanced technologies like artificial intelligence.
Following the acquisition, ABB’s robotics platform, expertise, and existing global presence will be integrated with Softbank’s existing robotics portfolio, which includes SoftBank Robotics Group Corp., Berkshire gray, Inc., AutoStore Holdings Ltd., Agile Robots SE, and Skild AI, Inc.The combined entity aims to “accelerate innovation in AI robotics, driving progress and growth toward the realization of ASI,” according to a company statement.
Masayoshi Son, Chairman & CEO of Softbank Group Corp., stated, “Softbank’s next stage of growth is Physical AI. Together with ABB Robotics, we unite world-leading technology and talent under a common vision: the fusion of artificial superintelligence and robotics – for groundbreaking evolution that advances humanity’s progress.”
ABB executives have also commented on the transaction. Sami Atiya, President of ABB Robotics & Discrete Automation, expressed confidence in Softbank as a future owner, noting, “Softbank will be a great home for the robotics business and our employees. Both companies share the belief that the world is entering a new era of AI-based robotics – and I am sure they will shape this era together.” Atiya also announced his departure from ABB at the end of 2026, continuing as a strategic advisor through the carve-out process.
Peter Voser,Chairman of ABB,affirmed that the offer from Softbank was thoroughly evaluated against a planned spin-off and “reflects the long-term strengths of the division and the sale creates immediate value for our shareholders.” ABB intends to utilize the proceeds from the sale following its established capital allocation principles,while remaining focused on its core businesses of electrification and automation.
ABB CEO Morten wierod added, “Softbank is an excellent new home for the business and its people…the combination of ABB’s leading technology and deep industry knowledge with Softbank’s competencies in AI, robotics and high-performance computing can significantly shape this development.” He confirmed ABB Robotics will continue to expand and strengthen its position as a technology leader.
