ABB India Parent to Sell Robotics Unit to SoftBank for $5.38 Billion

ABB Ltd. has signed an agreement to divest its robotics division to Japan’s SoftBank Group, with the transaction expected by mid-to-late 2026. The deal will give ABB a non-operational pre-tax book gain of ~$2.4 billion and net cash proceeds of ~$5.3 billion.

ABB will now focus on electrification and automation. From October-December 2025, the machine automation division will move under process automation, and robotics will be reported as discontinued operations.