ABB
Zurich-based electrification and automation group that agreed in October 2025 to sell its robotics division to SoftBank Group for USD 5.375 billion.
About
ABB is a Swiss electrification and automation group. Its robotics division, with 2024 revenue of USD 2.3 billion and about 7,000 employees, is being sold to SoftBank Group at an enterprise value of USD 5.375 billion; ABB keeps its Machine Automation division. The European Commission cleared the sale on 11 March 2026, and ABB expects closing in mid-to-late 2026.
Key stats
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- Founded
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- Country
- Switzerland
Recent newsAll news
- M&AEU clears SoftBank's $5.4 billion ABB Robotics deal, a price of 17 times EBITDA to give its robot AI a body
- MarketEstun lists in Hong Kong at the bottom of its range, raising HK$1.49 billion as China's top-selling robot brand returns to profit
- BusinessTeradyne's robotics arm shrinks 16% to $308 million in 2025 and restructures about 400 jobs as AI test demand lifts the group
- BusinessABB Robotics ends its last full year under ABB with sales up 2.8% and fourth-quarter operating income halved
- M&ASoftBank agrees to buy ABB's robotics division for $5.375 billion, killing the planned spin-off at 17 times EBITDA