SoftBank Invests $2.8 billion In Norwegian Robotics Firm AutoStore

Japanese tech conglomerate SoftBank has acquired 40% of Norwegian warehouse automation firm AutoStore for $2.8 billion. The news was first reported by The Wall Street Journal on Monday and later confirmed by AutoStore in an update on its website. The deal values AutoStore at $7.7 billion. SoftBank, which has made a string of investments into…