SoftBank Group will buy a 40% stake in Norwegian robotics company AutoStore in a deal worth US$2.8bil, the two firms said. — AFP
TOKYO: Japanese investment giant SoftBank Group will buy a 40% stake in Norwegian robotics company AutoStore in a deal worth US$2.8bil (RM11.56bil), the two firms said.
The deal is the latest bet by SoftBank, which has spent heavily on some of the tech world's hottest startups and biggest names, ranging from artificial intelligence to biotech companies.
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