SoftBank Group has agreed to acquire the robotics business of Switzerland-based technology company ABB for an enterprise value of $5.4bn. The deal, which is subject to regulatory review in 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 ...

ABB Ltd. plans to spin off and list its robotics unit in 2026, as the Swiss manufacturer aims to improve its least profitable division as a standalone company. The business, which makes industrial ...

Japan's SoftBank Group agreed to purchase ABB's robotic business in a deal that values it at $5.38 billion, including debt, putting an end to the Swiss company's previous plans to spin off the unit.

ABB Ltd (OTCPK:ABBNY) is evaluating a possible sale of its robotics unit as an alternative to a spinoff it announced last month. Swiss industrial group ABB last month announced plans to spin off its ...

ABB Intelligent Vision System ABB Robotics has launched OmniCore EyeMotion, which enables any OmniCore-powered robot to ...

ABB Ltd. has selected Bank of America Corp. and UBS Group AG to arrange a potential deal for its robotics unit, according to people familiar with the matter. The banks are working with ABB on ...

ABB Robotics has invested in California-based LandingAI to accelerate its use of vision AI. A key goal of this investment involves the integration of LandingAI’s vision AI tech, such as LandingLens, ...

Four new models – with 22 variants – offer more choices, more range, and repeatability with a minimum of 0.03 mm deviation, for reliability and productivity. ABB ROBOTICS introduced four new models in ...

SoftBank Group Corp. agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, reflecting billionaire Masayoshi Son’s growing bets on emerging technology in ...