ZURICH--SoftBank Group said on Wednesday it has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal.
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ABB (ABBNY) delivered strong Q3’25 results with 11% revenue growth and a 4% EBITDA margin expansion, driven by electrification and data center demand. ABB is well-positioned for a multi-year upcycle, ...
SoftBank Group has reached an agreement to acquire the robotics business of Swiss engineering group ABB in a deal valued at $5.4 billion. The acquisition, announced on Wednesday (October 8), marks the ...
ABB (SWX:ABBN) has drawn fresh attention after its recent share price moves, with the stock around CHF 80 and returns over ...
The much-anticipated spin-off of ABB’s Robotics division was made official this week with the announcement of a deal to sell the unit to SoftBank for $5.4 billion. The division employs 7,000 people ...
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, ...
ABB Robotics announced a global collaboration with Roche Diagnostics to develop and commercialize robotic solutions for clinical laboratories. The collaboration will focus on connected lab systems ...
• The new method will promote transparency, allow end users to make more informed decisions, and support the robotics industry to track and reduce the carbon footprint related to robot electricity ...
ABB Robotics is partnering with Nvidia to integrate its Omniverse libraries into ABB’s RobotStudio suite to deliver physical AI for industry. The aim is to combine RobotStudio’s software programming, ...
ABB Robotics and PSYONIC collaborate to revolutionize grasping and dexterity, a core capability for Autonomous Versatile Robotics™ ABB GoFa™ helps test PSYONIC’s Ability Hand for robotics, combining ...
The work uses prosthetic touch and motion data with a GoFa cobot to improve handling of delicate and irregular objects. ABB Robotics is collaborating with California bionics company, PSYONIC, to ...
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