ABB has been awarded a contract by DS Smith to supply electrification, automation and digital solutions for a new stock ...
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Amy is an ACA and the CEO and founder ...
ZURICH/TOKYO, Oct 8 (Reuters) - SoftBank Group (9984.T), opens new tab has agreed to buy the robotics business of Swiss engineering group ABB (ABBN.S), opens new tab in a $5.4 billion deal, as the ...
Japanese investing conglomerate SoftBank Group is buying a robotics company as the financial behemoth says physical AI is its next frontier. SoftBank announced on Wednesday that it has acquired Zurich ...
The acquisition brings together SoftBank's AI know-how and ABB's robotics expertise as companies race to stay ahead of tech advances. Japan's SoftBank Group has agreed to acquire the robotics branch ...
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 ...
The Pepper humanoid robot developed by SoftBank. SoftBank Group—controlled by Japan’s richest person, Masayoshi Son—has agreed to buy the robotics unit of Swiss industrial giant ABB Ltd. for $5.4 ...
ABB said the sale will result in a book gain of about $2.4 billion pre-tax and a post-tax gain of about $2 billion, adding roughly 2% to ABB’s market value. Separation costs are estimated at $0.2 ...
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 Group has agreed to acquire ABB’s industrial robots unit at an enterprise value of almost $5.4 billion, reflecting billionaire Masayoshi Son’s growing bets on emerging technology in ...
Changes are coming to the Arizona Department of Child Safety, according to state leaders, following a string of child deaths. Discussions on DCS intensified following the deaths of Rebekah Baptiste, ...
An Indiana family has filed a federal lawsuit against the Department of Child Services, alleging mistreatment and unfair allegations. The Saylor family's adopted daughter, Ella, remains missing after ...
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