SoftBank Group agreed to buy the robotics division of Swiss engineering firm ABB for $5.4 billion. The move is part of a number of investments and acquisitions by SoftBank as it looks to position ...
SoftBank Group has added more arms to its portfolio, this time of the robotic kind.… The Japanese tech goliath is pushing ahead in its pursuit of "artificial super intelligence" after agreeing to buy ...
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 ...
Insights on how AI is transforming robotics applications, from autonomous mobile robots using visual SLAM technology to robots working in unstructured environments and handling unfamiliar objects. A ...
(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 ...
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 ...
Milestone investment will combine connected digital technologies, state-of-the-art collaborative robotics and cutting-edge artificial intelligence research to create the most sophisticated, automated ...
SoftBank announced in early October 2025 that it has agreed to acquire Swiss industrial giant ABB's robotics business for US$5.375 billion, with the deal expected to close in the second half of 2026.
ABB (ABBNY) is a $100 billion Zurich-based industrial company that specializes in electrification and automation. ABB's products and services help manufacturers and governments achieve greater ...
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 ...
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 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 technology in ...
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