SoftBank Robotics Europe to Acquire Part of United Robotics Group
TOKYO—SoftBank Robotics Europe says it will acquire a minority stake in the United Robotics Group, a German distributor of service robots. SoftBank, which makes Pepper humanoid and Nao robots, will also revert to its original name, Aldebaran.
The transaction is subject to merger clearance and expected to close in the second quarter of 2022. Financial details of the acquisition were not disclosed, although the deal was first reported to be in the works back in October 2021.