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 ...

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 ...

(Bloomberg) -- 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 ...

Insights on how AI is transforming robotics applications, from autonomous mobile robots using visual SLAM technology to robots working in unstructured environments and handling unfamiliar objects. A ...

ZURICH (Reuters) -ABB is launching three new families of factory robots designed specially for China, the Swiss engineering company said on Wednesday, as it aims to benefit from rising demand for ...

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 ...

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 ...

Mumbai: ABB India Ltd reported a sharp rise in consolidated net profit for the quarter ended March 31, 2026, aided by an exceptional gain from the sale of its robotics business. Net profit surged to ...

ZURICH/TOKYO, Oct 8 (Reuters) - SoftBank Group (9984.T), opens new tab has agreed to buy the robotics business of Swiss engineering group ABB (ABBN.S), opens new tab in a $5.4 billion deal, as the ...