SoftBank Group said on Wednesday it has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion ...

SoftBank has struck a definitive deal to acquire ABB’s robotics business for $5.375 billion, doubling down on founder ...

SoftBank says this acquisition will help it dive deeper into robotics as it considers physical AI to be the next frontier.

ABB, which planned to spin out its ABB Robotics & Discrete Automation group, is now selling it to SoftBank, as President Sami Atiya departs.

Japanese tech giant SoftBank is acquiring ABB's robotics unit for $5.4 billion, signaling a major push into "Physical AI." ...

New Albuquerque, N.M. facility supports the electric utility sector and helps enable the U.S. energy transition 90,000-square-foot site doubles production capacity of ABB Elastimold® cable accessories ...

ABB Ltd., a Swedish-Swiss multinational corporation in the field of electrical engineering, plans to spin off a robotics division in 2026. This is reported in a press release from ABB. The decision to ...

Featured image courtesy of ABB. Electrification and automation manufacturing conglomerate ABB announced plans to spin off its robotics division, marking its largest portfolio shift since divesting its ...

Swiss technology company ABB Group plans to further strengthen its presence in China, the world's largest robotics market, through a series of artificial intelligence-driven innovations and new ...

SoftBank Group is set to acquire ABB's robotics division for $5.4 billion, strengthening its commitment to merging AI and robotics. ABB shifts focus to electrification and automation after struggling ...