SoftBank Group's agreement to acquire the robotics division of Switzerland's ABB for approximately US$5.4 billion is a significant strategic move. The deal highlights Japan's increasing dominance in ...
ABB (ABBNY) delivered strong Q3’25 results with 11% revenue growth and a 4% EBITDA margin expansion, driven by electrification and data center demand. ABB is well-positioned for a multi-year upcycle, ...
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 says its new RobotStudio Cloud is designed to enable individuals and teams to collaborate in real-time on robot cell designs, regardless of the device used to access the software. More ...
ZURICH, Oct 16 (Reuters) - Swiss engineering company ABB (ABBN.S), opens new tab said it is seeing strong customer demand, particularly from a surge in new data centres being built in the U.S. to ...
ZURICH (Reuters) -Swiss engineering company ABB said it is seeing strong customer demand, particularly from a surge in new data centres being built in the U.S. to process artificial intelligence. ABB, ...
Japanese investment group SoftBank said it’s paying $5.38 billion for the robotics division of Swiss-Swedish engineering company ABB to advance a bet on what it calls artificial super intelligence.
ABB Ltd., a Swedish-Swiss multinational corporation in the field of electrical engineering, plans to spin off a robotics division in 2026. This is reported in a press release from ABB. The decision to ...
ZURICH (Reuters) -ABB is seeing a "robust" market situation with so far little impact on customer demand from the uncertainties caused by U.S. tariffs, the Swiss engineering company said on Thursday, ...
ABB Ltd., a Swedish-Swiss multinational corporation in the field of electrical engineering, attracted Bank of America Corp. and UBS Group AG to conclude a potential deal to separate or sell the ...
Grubhub is expanding its partnership with self-driving technology startup Avride to pilot robot food deliveries in Jersey City, New Jersey, the companies said on Thursday. Users in the city can place ...