In an unexpected turn of events, ABB, the Swiss-Swedish multinational corporation, is considering selling its burgeoning robotics division as part of a strategic initiative. This move, which involves ...

ABB has announced that it is selling this business to SoftBank – a Japanese financial holding company with a heavy emphasis in technology. SoftBank owns significant stakes in major companies like ...

ZURICH/TOKYO (Reuters) -SoftBank Group has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal, as the Japanese investor forges ahead with a strategy to fuse ...

ZURICH--SoftBank Group said on Wednesday it has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal. The deal marks a major push by SoftBank founder and CEO ...

ABB’s is the world’s among the world’s largest developers of industrial robots, with robots of multiple sizes and functions, autonomous mobile robots, programming software, and robotic applications.

SoftBank Group said today it has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal. The deal marks a major push by SoftBank founder and CEO Masayoshi Son into ...

ABB stock has been hot since the autumn of 2022. It has built up an impressive backlog as electrification and industrial automation demand have soared over the last few years, and profit margins are ...

ABB ROBOTICS launched its OmniVance ™ machining cell and machining software packages for flexibility and simplicity in a range of applications, including sanding, polishing, cutting, and surface ...

ABB YuMi cobots in operation at SUS Corp.’s manufacturing facility. Headquartered in Shizuoka, Japan, SUS Corporation (SUS) is an aluminum profile manufacturer. With operations in 16 countries, the ...

[TOKYO] SoftBank Group said on Wednesday (Oct 8) it has agreed to buy the robotics business of Swiss engineering group ABB in a US$5.4 billion deal. The deal marks a major push by SoftBank founder and ...