Reasons Behind ABB’s Decision to Sell Its Global Robotics Division to SoftBank
Key Takeaway ABB has recognized limited synergies between its Robotics division and other operations, citing differing market demands. CEO Morten Wierod stated that both ABB and SoftBank see a new era of AI-based robotics, believing their collaboration can shape this future. The partnership aims to leverage ABB’s technology and industry expertise alongside SoftBank’s advanced AI […]


