ABB’s Safety Execution Centers provide local expertise and lifecycle support to help customers manage process hazards, ...

When we talk about the biggest names in robotics for 2025, a few companies immediately come to mind. These are the established players, the ones who have been around for a while and have really built ...

ABB has announced that it is selling this business to SoftBank – a Japanese financial holding company with a heavy emphasis in technology. SoftBank owns significant stakes in major companies like ...

Tokyo-headquartered SoftBank Group has become well known in recent years for big money acquisitions made through its $100bn Vision Fund, said to be the world's largest technology-focused venture ...

Japanese investment group SoftBank said it’s paying $5.38 billion for the robotics division of Swiss-Swedish engineering company ABB to advance a bet on what it calls artificial super intelligence.

ZURICH/TOKYO - 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 robotics and ...

The deal will see ABB carve out its robotics business, which employs around 7,000 people and generated $2.3 billion in revenue in 2024, into a new holding company before transferring ownership to ...

SoftBank Group has reportedly agreed to acquire ABB’s robotics business for $5.4 billion, in a move that has marked its boldest push yet to fuse artificial intelligence with industrial automation. The ...

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 ...

SoftBank stock surged as much as 13 percent to a new intraday high. It has agreed to buy ABB's industrial robotics arm for about $5.4 billion. The deal is a major push into the emerging and critical ...

SoftBank Group has agreed to acquire the robotics business of Swiss engineering group ABB for $5.4 billion, marking a major step in the Japanese investor's strategy to merge robotics and artificial ...