ABB to sell robots business to SoftBank in $5.38 billion deal

YASKAWA Electric

08/10/2025 06:33

ZURICH, Oct 8 (Reuters) - ABB ABBN.S on Wednesday said it has agreed to sell its robotics business to SoftBank Group 9984.T in a deal that values the business at $5.38 billion.

The deal means ABB has abandoned its decision to spin off and separately list the industrial automation business, which competes with Japan's Fanuc 6954.T, Yaskawa 6506.T and Germany's Kuka.

 (Reporting by John Revill, Editing by Miranda Murray)

 ((John.Revill@thomsonreuters.com; +41 41 528 36 37; Reuters Messaging: john.revill.thomsonreuters.com@reuters.net))