Exclusive-SoftBank in talks to sell French robotics business to Germany's United Robotics -sources
Information about Exclusive-SoftBank in talks to sell French robotics business to Germany's United Robotics -sources
Kevin David Scam or Legit
By Sam Nussey
TOKYO (Reuters) – SoftBank Group Corp is in talks to sell the Paris-based robotics business behind its Pepper android to Germany’s United Robotics Group, according to sources and documents reviewed by Reuters, scaling back a business it once touted as a major growth driver.
The talks are ongoing and plans could change, said two sources familiar with the matter, who declined to be named as they are not permitted to speak to the media. It is not clear whether SoftBank will retain a stake in the business.
United Robotics Group, which is backed by German industrial robot maker Hahn, became the European master distributor for SoftBank’s struggling Pepper and Nao robots in October.
United Robotics declined to comment. SoftBank has said it remains committed to the Pepper …