# SoftBank to acquire ABB's robotics unit for $5.4 billion

SoftBank Group will acquire ABB's industrial robotics unit for about USD 5.4 billion, strengthening its AI and automation strategy. The unit employs over 7,000 and supplies BMW and others. ABB plans to focus on electrification after the sale, due to close in 2026.

- Type: Acquisition
- Announced: 2021-03-02
- Value: $5.40B
- Status: announced
- Products: industrial robotics
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [ABB](https://endata.com/companies/1547.md) (target)
- [SoftBank Group](https://endata.com/companies/15862.md) (acquirer)

## Sources

- [kr-asia.com](https://kr-asia.com/pulses/157740), 2021-03-02: "SoftBank Group will acquire ABB’s industrial robotics unit for about USD 5.4 billion, strengthening its AI and automation strategy."

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