ZURICH/TOKYO, Oct 8 (Reuters) - SoftBank Group (9984.T), opens new tab has agreed to buy the robotics business of Swiss engineering group ABB (ABBN.S), opens new tab in a $5.4 billion deal, as 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 ...

ZURICH (Reuters) -Swiss engineering company ABB said it is seeing strong customer demand, particularly from a surge in new data centres being built in the U.S. to process artificial intelligence. ABB, ...

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 Group Corp.’s stock surged as much as 13% to a fresh intraday high as its plan to buy ABB Ltd.’s robotics arm boosted expectations for profit growth from artificial intelligence. The Japanese ...

SoftBank Group reached a deal to acquire ABB’s industrial robot business for $5.4 billion, as chair Masayoshi Son steps up aggressive investments in AI data centres, chips and robotics. The deal is ...

SoftBank Group (SBG), led by Chairman Son Jeong-ui (Japanese name Masayoshi Son), said on the 8th that it had signed a contract to acquire the robotics business of Swiss conglomerate Asea Brown Boveri ...

ABB’s robotics division, which employs 7,000 people, generated sales of $2.3 billion last year, equivalent to 7% of ABB’s total revenues. But the company saw limited crossover with the rest of its ...

A handful of Senate Republicans are wrestling with the impending expiration of health insurance subsidies that are the primary sticking point in the government shutdown standoff that entered its 13th ...

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 artificial ...