SoftBank Expands Robotics Portfolio by Acquiring ABB Group’s Robotics Division
SoftBank Group has taken a significant step into the world of robotics, indicating its commitment to advancing physical AI. The investing powerhouse has recently announced its acquisition of ABB Group’s robotics business, a move that underscores its ambition to lead in this rapidly evolving sector.
A Strategic Acquisition
On Wednesday, SoftBank revealed it will acquire Zurich-based ABB Group’s robotics division for a staggering $5.375 billion. This strategic move isn’t just about expansion; it’s part of SoftBank’s vision to redefine the future of robotics. The deal is currently pending regulatory approval and is expected to finalize by mid-to-late 2026. Notably, Sami Atiya, who heads the robotics division at ABB, will be leaving once the acquisition closes, according to reports.
The Power of ABB Robotics
ABB’s robotics arm employs approximately 7,000 professionals and specializes in producing a variety of robots designed for tasks such as picking, cleaning, and painting. With $2.3 billion in revenue in 2024, it accounted for 7% of ABB’s total earnings. Earlier this year, ABB announced plans to spin off its robotics division into a separately listed entity, paving the way for a fresh chapter in its business trajectory.
SoftBank aims to rejuvenate sales for ABB’s spinoff, focusing on recovering from a slight revenue dip from $2.5 billion the previous year to $2.3 billion in 2024.
A Growing Portfolio
SoftBank has been intensifying its investments in the robotics space for several years now. Its portfolio includes established companies like AutoStore and innovative startups such as Skild AI and Agile Robots. Additionally, in 2014, SoftBank introduced its own robotics initiative, the SoftBank Robotics Group, further demonstrating its commitment to this sector.
The Vision Ahead
Masayoshi Son, the chairman and CEO of SoftBank, articulated the company’s forward-looking vision in a press release, stating, "SoftBank’s next frontier is physical AI. Together with ABB Robotics, we will unite world-class technology and talent under our shared vision to fuse Artificial Super Intelligence and robotics." His words suggest a profound commitment to leveraging technology for the benefit of humanity.
Robotics: A Key Focus Area
Robotics is one of the four primary focus areas for SoftBank, alongside AI chips, AI data centers, and energy. The company emphasizes that we are in a new phase of the Information Revolution, moving beyond traditional computing and the internet, driven now by the potentials of artificial intelligence.
As SoftBank moves forward with its mission to realize artificial super intelligence for humanity’s advancement, the integration of robotics into its long-term strategy reflects its vision for a smarter, more efficient future.
Join the Revolution
As we stand on the brink of a new era in technology, the possibilities are boundless. Whether you’re a tech enthusiast, an investor, or simply curious about the future, staying informed and engaged in these developments can empower you to be part of the revolution. Let’s embrace this exciting journey together, and who knows? The next big breakthrough might just be around the corner.
