SoftBank bulks up its robotics portfolio with ABB Group’s robotics unit

Japanese investing companies are buying a robotics company in the softbank group because financial Behmoth says that physical AI is the next border of AI.

Wednesday Softbank announced that it achieved Switzerland -based Zurich AB.375 Billion is the ABB Group’s Robotics Business UnitThe The agreement is subject to regulatory approval; The softbank predicted that the deal would close in a press release from mid -2026 to the end. Sami Atiya Will Will Will Exit the agency When the acquisition is over, according to the ABB group.

The ABB Robotics business is about to be appointed about 000 people and sells various types of robots and equipment, designed for work like picking, cleaning and painting. The company has earned $ 2.5 billion in 2021, which presents the ABB’s overall income % face. ABB has announced the plan Spin the Robotics Group In April

Softbank says it is hopeful that it will be able to “rebuild” the sale of ABB Robotics spinf. The company’s 2024 income was only $ 2.3 billion, which was less than $ 2.5 billion in the previous year.

Softbank has been making its investment and holding in robotics for the past few years. The entity has invested in agencies including more inherited players Autoso And including startups Skilled AI And Cute robot.

The firm also launched its own robotics platform, softbank robotics group in 2014.

In the company’s press release, Softbank Chairman and Chief Executive Officer Masayoshi Son “The next border of the softbank is physical AI.” “Together with ABB Robotics we will combine world-class technology and talent under our shared views to fuse artificial super intelligence and robotics-a groundbreaking evolution that will move forward.”

Robotics is one of the four focus fields of softbank, including AI chips, AI data centers and energy.

The “Information Revolution” has developed from the smartphone from the private computer, the Internet and the broadband and has now entered a new stage led by artificial intelligence, “Softbank says in his press release. “In this context, [SoftBank Group] Artificial Super Intelligence (ASI) has announced its goal for the progress of humanity. ”

TechCrunch has reached the softbank for more information.