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 ...
In a move that could redefine the landscape of industrial automation, ABB, the Swiss-Swedish multinational corporation, is reportedly weighing options to divest its highly acclaimed robotics division.
SoftBank Group has added more arms to its portfolio, this time of the robotic kind.… The Japanese tech goliath is pushing ahead in its pursuit of "artificial super intelligence" after agreeing to buy ...
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 ...
SoftBank Acquires ABB’s Robotics Business for $5.4B Your email has been sent SoftBank has struck a definitive deal to acquire ABB’s robotics business for $5.375 billion, doubling down on founder ...
The Pepper humanoid robot developed by SoftBank. SoftBank Group—controlled by Japan’s richest person, Masayoshi Son—has agreed to buy the robotics unit of Swiss industrial giant ABB Ltd. for $5.4 ...
Earlier this year, Automation World interviewed Marc Segura, president of ABB Robotics and we asked him about the news that ABB was planning to spin off ABB Robotics as a stand-alone business. He said ...
ZURICH, April 17 (Reuters) - Swiss industrial group ABB (ABBN.S), opens new tab on Thursday announced plans to spin off its robotics division in the biggest shake up at the company since it sold its ...
ABB (OTCPK:ABBNY) will divest its robotics division to SoftBank (OTCPK:SFTBY) for an enterprise value of $5.375 billion and not pursue its earlier intention to spin off the business as a separately ...
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 ...
Explore how ABB Robotics is reshaping laboratory automation with AI and collaborative robotics at SLAS 2026 in Boston.
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