ABB Sells Robotics Division to SoftBank, Plans Strategic Shift
ABB plans to utilize proceeds from the $5.4 billion sale of its robotics division to SoftBank for acquisitions in electrification and automation. The company aims to strengthen its position in high-margin sectors amid growing demand in energy infrastructure and AI.
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ABB's sale of its robotics division to SoftBank, valued at approximately $5.4 billion, is expected to close by mid to late 2026. CEO Morten Wierod has indicated that the proceeds will be directed towards acquisitions in electrification and automation, focusing on sectors like energy grids and data centers.
The robotics division has already been classified as a discontinued operation since Q4 2025. In parallel, ABB's share buyback program has resulted in the repurchase of nearly 2.7 million shares since its inception on February 9, 2026. Investors are advised to monitor the operational EBITA margin and potential acquisition targets when ABB releases its Q1 results on April 22, amid existing analyst price targets below the current share price.
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