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 ...

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 ...

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, ...

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.

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

ABB Robotics has invested in California-based LandingAI to accelerate its use of vision AI. A key goal of this investment involves the integration of LandingAI’s vision AI tech, such as LandingLens, ...

Auburn Hills, MI, May 1, 2023 — ABB Robotics has enhanced its industry-leading logistics automation portfolio with the launch of the Robotic Item Picker, a new AI and vision-based solution that can ...

MILWAUKEE, Aug. 5, 2025 /PRNewswire/ -- Regal Rexnord Corporation has joined forces with automation leader ABB Robotics to simplify integration of its GoFa™ cobots into 7th Axis Cobot Transfer Units ...

BEDFORD, Mass., July 28, 2022 (GLOBE NEWSWIRE) -- Berkshire Grey Inc. (Nasdaq: BGRY), a leader in AI-enabled robotic solutions that automate supply chain processes, today announced that ABB (NYSE: ABB ...

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.