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 ...
Discover why ABB (ABBNY) is a Buy for 2025, capitalizing on electrification, data centers, and industrial automation growth.
ABB has announced that it is selling this business to SoftBank – a Japanese financial holding company with a heavy emphasis ...
SoftBank's acquisition of ABB's robotics unit reflects billionaire Masayoshi Son's renewed interest in robots. The company ...
If you’re holding ABB stock or wondering if now is the right moment to buy, you’re definitely not alone. With a closing price of $59.2, ABB has been turning heads. The company’s shares nudged up 1.4% ...
SoftBank says this acquisition will help it dive deeper into robotics as it considers physical AI to be the next frontier.
SoftBank will buy ABB's robotics division for $5.4 billion, aiming to grow its AI and automation business; the deal is expected to close by mid- to late-2026, pending approvals ...
SoftBank’s Masayoshi Son has long predicted a future where robots would outnumber people and take over many jobs from humans.
ABB Robotics has added a Generative AI Robotics feature to its RobotStudio Suite, aimed at making robot programming software ...
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Zurich-based manufacturing giant ABB Ltd. is planning to ...
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 ...