ABB YuMi cobots in operation at SUS Corp.’s manufacturing facility. Headquartered in Shizuoka, Japan, SUS Corporation (SUS) is an aluminum profile manufacturer. With operations in 16 countries, the ...

Japanese investing conglomerate SoftBank Group is buying a robotics company as the financial behemoth says physical AI is its next frontier. SoftBank announced on Wednesday that it has acquired Zurich ...

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, 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 ...

(Bloomberg) -- 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 ...

European technology services giant ABB Asea Brown Boveri Ltd., better known as ABB, said today it has acquired a startup called Sevensense Robotics AG that specializes in improving the mobility and ...

ABB's Robotics and Discrete Automation unit saw a decline in revenues and operating profit margins in 2019 after being hit by the downturn in the automotive industry and the economic slowdown in China ...

ZURICH, Jan 11 (Reuters) - ABB ABBN.S has bought a company specialising in boosting the mobility of industrial robots - by using artificial intelligence and 3D vision to move around factories and ...

Forbes contributors publish independent expert analyses and insights. Gaurav Sharma is a London-based analyst who covers energy & ESG. This article is more than 7 years old. Global industry stalwart ...

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 ...