ABB has healthy financials. The entire robotics and automated manufacturing industry is expected to experience sustained tailwinds. Its Price/Cash Flow of 32.23 indicates the company is presently ...

SoftBank Group will buy ABB's robotics business for $5.4 billion, aiming to integrate robotics with artificial intelligence. The move follows ABB's struggles in sales and profitability within the ...

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

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 ...

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 technology in ...

Tesla boss Elon Musk recently said he expects that Tesla's Optimus will eventually be responsible for as much as 80 per cent ...

ABB, the leading power and automation technology group, introduced YuMi, the world’s first truly collaborative dual-arm industrial robot, at the world’s leading trade fair for industrial technology, ...

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

Masayoshi Son’s big wager on artificial intelligence has paid off — propelling the SoftBank Group Corp. founder past Uniqlo ...

European tech giant ABB has agreed to divest ABB's robotics division to Japan's SoftBank Group for an enterprise value of $5.375 billion.

YuMi, a human-friendly dual-arm robot design for assembly work alongside humans, is scheduled for release in 2015. The past year has been, in many ways, a landmark year for advances in robotics. I say ...

SoftBank's acquisition of ABB's robotics unit reflects billionaire Masayoshi Son's renewed interest in robots. The company was behind the development of humanoid, Pepper, which was unveiled in 2014.