Multinational electrical engineering specialist ABB Group detailed plans to better capitalise on global automation trends by spinning off its robotics unit, a strategy management hopes to implement by ...

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 ...

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 ...

Marc Segura, the President of ABB Robotics, tells CNBC’s Ritika Gupta that industrial robotics is entering a new era as ...

ABB Robotics has launched its 2024 Robotics AI Startup Challenge, a global competition designed to accelerate the development of artificial intelligence (AI) solutions in robotics. The challenge is ...

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 ...

ABB Ltd. plans to spin off and list its robotics unit in 2026, as the Swiss manufacturer aims to improve its least profitable division as a standalone company. The business, which makes industrial ...

This deal is founder Masayoshi Son’s push to fuse advanced AI with industrial robots. SoftBank has struck a definitive deal to acquire ABB’s robotics business for $5.375 billion, doubling down on ...

SoftBank Group has reached an agreement to acquire the robotics business of Swiss engineering group ABB in a deal valued at $5.4 billion. The acquisition, announced on Wednesday (October 8), marks the ...

ABB GoFa™ helps test PSYONIC's Ability Hand for robotics, combining touch sensing, compliant design and human-derived training data Dexterity remains a major challenge for industry; improved handling ...

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The number of operational robots around the globe hit a new record in 2023, reaching 3.9 million units, according to the International Federation of Robotics. The demand is driven by a wide range of ...