Acquiring Company
SoftBank Group
Acquired Company
1X Technologies
Minato City
OsloEnergyHardwareSoftwareMobileArtificial IntelligenceVenture CapitalAngel InvestmentConsultingRoboticsDescription
SoftBank is in talks to acquire a majority stake in humanoid robot startup 1X Technologies, valuing the deal at approximately $6 billion. This acquisition would enhance SoftBank's strategic focus on AI and robotics. 1X Technologies, known for its innovative approach to humanoid robots for household use, has raised interest in its market potential. The acquisition represents SoftBank's commitment to advancing its portfolio in the robotics sector.
Don't miss SoftBank Group's next move
Get an email the moment SoftBank Group makes an acquisition, hires an exec, or expands, usually minutes after it happens.
One email per event. Unsubscribe anytime.
Related People
M&A Insights
Based on deal dataFrequently asked
Who acquired 1X Technologies?
1X Technologies was acquired by SoftBank Group, based in Minato City. The deal was reported on August 27, 2026. SoftBank Group Corp. is a Japanese multinational conglomerate holding company focused on telecommunications, e-commerce, and technology. It invests in various technology sectors, including AI and robotics. SoftBank Group is publicly traded (SFTBF) and operates in Energy.
When did SoftBank Group acquire 1X Technologies?
SoftBank Group's acquisition of 1X Technologies was reported on August 27, 2026. SoftBank is in talks to acquire a majority stake in humanoid robot startup 1X Technologies, valuing the deal at approximately $6 billion. This acquisition would enhance SoftBank's strategic focus on AI and robotics. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does 1X Technologies do?
1X Technologies is a Norwegian startup now headquartered in California. It develops AI-powered humanoid robots, with a focus on industrial applications, such as manufacturing, logistics, warehousing, and retail. It is privately held, operating in Robotics, and is based in Oslo.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.