ABB India has expanded its local production footprint with the launch of a new line for variable speed drive (VSD) modules at ...

When we talk about the biggest names in robotics for 2025, a few companies immediately come to mind. These are the ...

Swiss engineering firm ABB reported strong third-quarter results. Revenue and orders saw significant growth. The company noted a robust market situation. US tariffs have had no material impact on ...

SoftBank Group is acquiring ABB's robotics business for $5.4 billion, marking a significant expansion into robotics for SoftBank founder Masayoshi Son. This deal sees ABB abandon its spin-off plans ...

Swiss engineering major ABB announced on Wednesday it will divest its robotics division to Japan's SoftBank Group Corp. for an enterprise value of nearly $5.4 billion and not pursue its earlier ...

SoftBank Group Corp. has announced a definitive agreement to acquire ABB Ltd.’s robotics business in a deal valued at $5.4 billion (¥818.7 billion), marking one of the largest technology acquisitions ...

SoftBank CEO Masayoshi Son said the company aims to merge robotics with artificial superintelligence, advancing technology to benefit humanity. (EPA Images pic) Tech investment giant SoftBank Group ...

The deal marks a major push by SoftBank founder and CEO Masayoshi Son into robotics, as he expands investment activity after a period of retrenchment. SoftBank, whose forays into robotics include 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 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 ...

ZURICH/TOKYO :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 robotics and ...

ABB ABBNY announced that it will sell its robotics division to SoftBank for $5.4 billion, shifting from its initial intention in April to spin off and list the division. The robotics business ...