SoftBank to buy ABB’s robotics business for $5.4 billion. The acquisition brings together SoftBank’s AI know-how and ABB’s robotics expertise as companies race to stay ahead of tech advances.
After KUKA was sold to China, now ABB’s robotics branch sold to Japan.
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KUKA was sold to china? Wtf?
Some years ago. Caused a small political crisis because christian democrats in power under Merkel suddenly realized they didn‘t invest or take care of future technologies. It was a damn shame.
Wait, if they realized a decade ago, why didn’t they change anything?
They‘re Christian democrats.