ABB has agreed to sell its robotics business to SoftBank Group in a deal valuing the unit at US$5.4 billion.

The transaction, expected to close between mid and late 2026, is set to bring ABB around US$5.3 billion in cash.

The decision marks a shift from ABB’s earlier plan to spin off and list the robotics business separately.

ABB’s main business remains focused on electrification and automation, while its robotics arm competes with Japan’s Fanuc, Yaskawa, and Germany’s Kuka.

🔗 Source: Reuters