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ABB (OTCPK:ABBNY) is signaling that it has the balance sheet strength and ambition to pursue acquisitions following the surprise decision to divest its robotics division to Japan’s SoftBank Group for ...
Earlier this year, Automation World interviewed Marc Segura, president of ABB Robotics and we asked him about the news that ABB was planning to spin off ABB Robotics as a stand-alone business. He said ...
As data centers scale to support AI workloads exceeding 200kW per IT load, the need for smarter, denser, and more efficient power distribution is intensifying. This whitepaper from ABB introduces a ...
ABB India Limited is an India-based technology company that is focused on electrification and automation. The Company's segments include Robotics and Discrete Automation, Motion, Electrification, ...
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 ...
Tokyo-listed shares of SoftBank Group (OTC:SFTBY) (OTC:SFTBF) jumped as much as 13% after the Japanese giant agreed to acquire Swiss engineering firm ABB‘s (OTC:ABBNY) Robotics unit in a deal valued ...
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Amy is an ACA and the CEO and founder ...
Russian President Vladimir Putin has signed an order on a special decision on transactions of JSC Concept-Invest. The document is published on the portal of legal acts. Concept-Invest JSC has received ...
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 ...