Posted inJapan

Softbank to buy $2.8bn stake in robotics firm

Japanese investment giant SoftBank Group will buy a 40% stake in Norwegian robotics company AutoStore in a deal worth US$2.8 billion, the two firms said. The deal is the latest bet by SoftBank, which has spent heavily on some of the tech world’s hottest start-ups and biggest names, ranging from artificial intelligence to biotech companies. The […]