TOKYO (Reuters) – Germany’s United Robotics Group said on Tuesday it will acquire SoftBank Group Corp’s Paris-based robotics unit SoftBank Robotics Europe, which developed the humanoid Pepper robot for the Japanese conglomerate.
SoftBank will take acquire a minority stake in URG, the statement said without providing further terms of the deal.
(Reporting by Sam Nussey; Editing by Kim Coghill)
