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ABB agrees to sell its robotics division to SoftBank Group for about $5.4B, dropping spin-off plan
SoftBank signed a definitive agreement to buy ABB's robotics business for $5.375B, subject to EU, China and US approvals, with closing expected mid-to-late 2026. SoftBank framed the deal as part of its push into AI robots alongside AI chips, data centres and energy.
- $5.375B purchase price; Marc Segura (ABB Robotics president) continues to lead the unit post-close.
- Closing mid-to-late 2026 pending approvals (EU merger, China security, US regulatory reviews).
- ABB abandons separate spin-off plan in favour of SoftBank's integrated AI + robotics + energy strategy.
- Deal signals SoftBank conviction in physical AI as core to its energy and automation portfolio.