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Chinese authorities have blocked the purchase of ABB Robotics for 5.4 billion dollars by Japan's SoftBank due to a threat to national security. One of the key assets of ABB Robotics is considered to be a huge database of real automation scenarios, and apparently the unwillingness to transfer access to these data sets became the reason for blocking the deal by Chinese regulators.

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🇨🇳 China · Map

Chinese authorities have blocked the purchase of ABB Robotics for 5.4 billion dollars by Japan's SoftBank due to a threat to national security. One of the key assets of ABB Robotics is considered to be a huge database of real automation scenarios, and apparently the unwillingness to transfer access to these data sets became the reason for blocking the deal by Chinese regulators.

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