SoftBank's acquisition of ABB's robotics units reflects billionaire Masayoshi Son's renewed interest in robots. The company was behind the development of humanoid, Pepper, which was unveiled in 2014.
ABB (ABBNY) on Wednesday said that it has signed an agreement to divest its Robotics division to SoftBank (SFTBY) for an enterprise value of $5.375 billion and not pursue its earlier intention to spin ...
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