SoftBank's acquisition of ABB's robotics unit reflects billionaire Masayoshi Son's renewed interest in robots. The company ...

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 ...

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 ...

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 ...

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 ...

ABB, which makes motors and drives used in factory production lines, reported operating earnings before interest, depreciation and amortisation increasing by 12% to $1.74 billion for the three months ...

Discover why ABB (ABBNY) is a Buy for 2025, capitalizing on electrification, data centers, and industrial automation growth.

ABB Robotics is making a $20-million capital improvement effort to increase manufacturing capacity at its Auburn Hills, Mich., plant. “Our investment is a significant step in accelerating ABB Robotics ...