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SoftBank Group to acquire ABB’s robotics unit for $5.4bn

SoftBank Group has agreed to acquire the robotics business of Switzerland-based technology company ABB for an enterprise value of $5.4bn. The deal, which is subject to regulatory review in the ...
MarketWatch

SoftBank Group Shares Jump After Robotics Deal, Overnight Tech Gains

SoftBank Group shares rose sharply, as its steadfast progress in artificial-intelligence-related investments, including a $5.4 billion deal to acquire ABB's industrial-robotics business, ...
Supply Chain

SoftBank to Buy ABB’s Robotics Arm in $5.4B Deal

SoftBank Group Corp. agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, reflecting billionaire Masayoshi Son’s growing bets on emerging technology ...

Robot software startup Skild AI raises $1.4B round backed by Nvidia, Jeff Bezos

Skild AI Inc., a startup that develops artificial intelligence software for robots, has raised $1.4 billion from a group of prominent investors. Today’s funding announcement comes about a month after ...

SoftBank strikes $4bn AI data centre deal with DigitalBridge

Barrack, who now serves as the US ambassador to Turkey, in 2019 oversaw the acquisition of the data centre investor Digital Bridge for $325mn. He stepped down in 2021 as executive chair and the ...