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SoftBank acquires ABB robotics business, targets AI-driven industrial growth

Chiang, Jen-Chieh, Taipei; Charlene Chen, DIGITIMES Asia 0

Credit: ABB

Japan's SoftBank Group (SBG) and Swiss heavy electrical firm ABB have signed an agreement for SoftBank to acquire ABB's robotics business for US$5.375 billion. According to reports from Nikkei and Reuters, ABB will spin off its robotics...

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