Japan's SoftBank Group has agreed to acquire the robotics branch of Swiss engineering company ABB for $5.37 billion (€4.62bn) as it pushes ahead with physical AI. Unlike digital AI, which works in the ...

Swiss industrial group ABB (OTCPK:ABBNY) plans to spin off its entire robotics division, the world's second-largest industrial robotics business. It generated sales of $2.3B in 2024, equivalent to 7% ...

ABB has announced that it is selling this business to SoftBank – a Japanese financial holding company with a heavy emphasis in technology. SoftBank owns significant stakes in major companies like ...

Milestone investment will combine connected digital technologies, state-of-the-art collaborative robotics and cutting-edge artificial intelligence research to create the most sophisticated, automated ...

AUBURN HILLS, Mich. — ABB strengthened its commitment to one of its largest customer markets — the U.S. — with construction starting on the expansion of its existing North American robotics ...

Swiss conglomerate ABB is reevaluating plans to spin off its robotics division and is now exploring a possible sale instead, sources familiar with the matter said. The move represents a significant ...

Forbes contributors publish independent expert analyses and insights. Gaurav Sharma is a London-based analyst who covers energy & ESG. This article is more than 7 years old. Global industry stalwart ...

ZURICH--(BUSINESS WIRE)--ABB has acquired Codian Robotics B.V., a leading provider of delta robots, which are used primarily for high-precision pick and place applications. Codian Robotics’ offering ...

ABB Robotics has the industry’s broadest product lineup for packaging automation, featuring an extensive array of technologically superior robot models, and the most advanced controllers and ...

With activity in the robotics space showing no sign of slowing, ABB’s Mark Segura weighs in on the developments you can expect to see this year. As labor shortages in the manufacturing industries ...

Coming soon to China: A factory where robots will build robots. Swiss firm ABB Group plans to build a $150 million “Factory of the Future” in Shanghai, it said in a statement Saturday. It will become ...