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 ...
SoftBank's acquisition of ABB's robotics unit reflects billionaire Masayoshi Son's renewed interest in robots. The company ...
Discover why ABB (ABBNY) is a Buy for 2025, capitalizing on electrification, data centers, and industrial automation growth.
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 ...
SoftBank says this acquisition will help it dive deeper into robotics as it considers physical AI to be the next frontier.
ZURICH (Reuters) -Swiss industrial group ABB on Thursday announced plans to spin off its robotics division in the biggest shake up at the company since it sold its power grids business to Japan's ...
The cloud robotics company welcomes ABB as part of its Manufacturing Automation Platform. MONTREAL, Sept. 10, 2024 /PRNewswire/ - Vention, the company behind the cloud-based Manufacturing Automation ...
ABB, which makes motors and drives used in factory production lines, reported operating earnings before interest, depreciation and amortisation increasing by 12% to $1.74 billion for the three months ...
ZURICH (Reuters) - Robots will make robots at a new ABB factory in China, which the Swiss engineering group said on Saturday it plans to build for $150 million in Shanghai as it defends its place as ...
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