ABB ABBNY announced that it will sell its robotics division to SoftBank for $5.4 billion, shifting from its initial intention in April to spin off and list the division. The robotics business ...

Japan's SoftBank Group has agreed to acquire the robotics branch of Swiss engineering company ABB for $5.37 billion (€4.62bn) as it pushes ahead with physical AI. Unlike digital AI, which works in the ...

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 ...

SoftBank Group's agreement to acquire the robotics division of Switzerland's ABB for approximately US$5.4 billion is a significant strategic move. The deal highlights Japan's increasing dominance in ...

Robotics is transforming multiple sectors in India, particularly the automotive industry, fueled by advancements in artificial intelligence, generative AI, mechatronics, vision, and mobility, ...

The Japanese technology investor Softbank Group intends to acquire the robotics division of the Swiss technology group ABB for 5.375 billion US dollars. This was announced in a press release issued by ...

ZURICH, July 2 (Reuters) - ABB (ABBN.S), opens new tab is launching three new families of factory robots designed specially for China, the Swiss engineering company said on Wednesday, as it aims to ...