# Chinese regulators block SoftBank's acquisition of ABB Robotics

Chinese regulators blocked SoftBank Group's $5.375 billion acquisition of ABB Robotics, citing concerns about robotics data transfer and AI model training.

- Type: Regulation
- Announced: 2019-01-01
- Where: China
- Value: $5.38B
- Status: cancelled
- Products: industrial robots
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [ABB Robotics](https://endata.com/companies/8609.md) (target)
- [SoftBank Group](https://endata.com/companies/15862.md) (acquirer)

## Sources

- [themorningpulse.fyi](https://themorningpulse.fyi/robotics/chinese-regulators-block-softbanks-54b-acquisition-of-abb-robotics), 2019-01-01: "China‘s Office of the Working Mechanism for Foreign Investment Security Review has prohibited the acquisition in the country."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.