CNBC

SoftBank to buy ABB robotics unit for $5.4 billion as it boosts its AI play

SoftBank Group agreed to buy the robotics division of Swiss engineering firm ABB for $5.4 billion. The move is part of a number of investments and acquisitions by SoftBank as it looks to position ...
Assembly Magazine

R&D Project to Measure Industrial Robot Energy Consumption

ZURICH—ABB Robotics is leading the development of an International Standardization Organization (ISO) Technical Specification to measure the energy consumption and efficiency of industrial robots. The ...
Seeking Alpha

ABB evaluating sale of robotics unit as alternative to spin - Bloomberg

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 ...
Virginia Business

SoftBank to buy ABB robotics unit in $5.4B AI push

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 ...
Devdiscourse

ABB India Divests Robotics Arm in Mega Deal

ABB India announced the transfer of its robotics business to ABB Robotics India for Rs 1,568.20 crore via a slump sale. The ...

ABB India to transfer its robotics biz to ABB Robotics for Rs 1,568 cr

ABB India on Monday said it has agreed to transfer its robotics business to ABB Robotics India on a slump sale basis for ₹1,568.20 crore. The business transfer is effective from March 1, ABB India ...