Swiss technology company ABB Group plans to further strengthen its presence in China, the world's largest robotics market, through a series of artificial intelligence-driven innovations and new ...

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 ...

SoftBank's plan to acquire ABB's robotics division for nearly US$5.4 billion by 2026 signals a significant shift in the global robotics landscape. The acquisition marks SoftBank's strategic move into ...

ABB CEO Morten Wierod tells CNBC’s Europe Early Edition why he supports SoftBank’s vision for ABB’s robotics business, following the announcement of a $5.4 billion sale to the Japanese tech group.

Regal Rexnord Corp. joined forces with automation leader ABB Robotics to simplify integration of its GoFa cobots into 7th Axis Cobot Transfer Units (CTUs). The CTUs come from Thomson, one of Regal ...

ABB Robotics has invested in California-based LandingAI to accelerate its use of vision AI. A key goal of this investment involves the integration of LandingAI’s vision AI tech, such as LandingLens, ...

The transaction is the latest in a series of investments and acquisitions relating to the development of artificial intelligence infrastructure. Morrison Foerster has advised longtime client SoftBank ...

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 ...

SoftBank Acquires ABB’s Robotics Business for $5.4B Your email has been sent SoftBank has struck a definitive deal to acquire ABB’s robotics business for $5.375 billion, doubling down on founder ...

Japan's SoftBank Group (SBG) and Swiss heavy electrical firm ABB have signed an agreement for SoftBank to acquire ABB's robotics business for US$5.375 billion. According to reports from Nikkei and ...

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 ...