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 (Reuters) -ABB is launching three new families of factory robots designed specially for China, the Swiss engineering company said on Wednesday, as it aims to benefit from rising demand for ...

(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 ...

Following ABB’s acquisition of ASTI Mobile Robotics in July 2021, the company showcased ASTI’s autonomous mobile robots (AMRs) as part of its exhibit at Modex 2022 in Atlanta. In its exhibit, ABB ...

The Pepper humanoid robot developed by SoftBank. SoftBank Group—controlled by Japan’s richest person, Masayoshi Son—has agreed to buy the robotics unit of Swiss industrial giant ABB Ltd. for $5.4 ...

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 ...

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 ...