Featured image courtesy of ABB. Electrification and automation manufacturing conglomerate ABB announced plans to spin off its robotics division, marking its largest portfolio shift since divesting its ...

ABB Robotics recently redefined the boundaries of automation once again by turning an industrial painting robot into an AI-driven artist. In a unique collaboration with Škoda Auto and its partners, ...

Swiss technology and automation group ABB has sold its robotics division to Japanese investment company SoftBank, for USD5.38 billion, as it ditches its plans to spin off the business as a separately ...

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 ...

Regal Rexnord Corp. joined forces with automation leader ABB Robotics to simplify integration of its GoFa cobots into 7th Axis Cobot Transfer Units (CTUs). The CTUs come from Thomson, one of Regal ...

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 ...

ABB Robotics has invested in California-based LandingAI to accelerate its use of vision AI. A key goal of this investment involves the integration of LandingAI’s vision AI tech, such as LandingLens, ...

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 ...

ABB has divested its Robotics division to SoftBank Group for US$5.4bn as Sami Atiya departs, pivoting strategy towards AI-driven automation and physical AI Swiss industrial powerhouse ABB has reached ...

The news: SoftBank Group has agreed to buy ABB’s industrial robotics unit as Masayoshi Son doubles down on AI and a surge in data centre construction. The numbers: The deal values ABB’s robotics ...

SoftBank Group on Wednesday announced it will acquire ABB’s robotics division, a Swiss company, for about $5.4 billion, Nikkei Asia reported. The move marks a major step in founder Masayoshi Son’s ...

Swiss engineering major ABB announced on Wednesday it will divest its robotics division to Japan's SoftBank Group Corp. for an enterprise value of nearly $5.4 billion and not pursue its earlier ...