SoftBank Group (SBG), led by Chairman Son Jeong-ui (Japanese name Masayoshi Son), said on the 8th that it had signed a contract to acquire the robotics business of Swiss conglomerate Asea Brown Boveri ...
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 ...
ABB’s robotics division, which employs 7,000 people, generated sales of $2.3 billion last year, equivalent to 7% of ABB’s total revenues. But the company saw limited crossover with the rest of its ...
This article first appeared on GuruFocus. SoftBank Group Corp. (SOBKY) is making another bold move in its AI playbook. The Japanese conglomerate has agreed to acquire ABB Ltd.'s industrial robotics ...
SoftBank Group reached a deal to acquire ABB’s industrial robot business for $5.4 billion, as chair Masayoshi Son steps up aggressive investments in AI data centres, chips and robotics. The deal is ...
RobotStudio Al Assistant provides real-time, step-by-step guidance for robot programming. Sept. 26, 2025 – ABB Robotics has enhanced its industry-leading RobotStudio Suite with the new RobotStudio AI ...
Strategic investment secures ABB’s use of LandingAI’s vision AI capabilities, such as LandingLens TM, for robot AI vision applications Pre-trained models, smart data workflows and no-code tools reduce ...
Through this collaboration, ABB will embed LandingAI’s LandingLens visual AI platform into its own software suite, significantly reducing the time required to train and deploy robot vision systems.
ABB Robotics is enabling faster, safer and more cost-effective rebuilding in areas devastated by the 2025 Southern Californian wildfires through a collaboration with Cosmic Buildings – a leading ...
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