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 ...
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 ...
(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--(BUSINESS WIRE)--ABB Robotics announced today it is integrating NVIDIA Omniverse libraries into ABB Robotics’ RobotStudio® to help manufacturers deploy physical AI in real world robotics ...
ABB Robotics is making a $20-million capital improvement effort to increase manufacturing capacity at its Auburn Hills, Mich., plant. “Our investment is a significant step in accelerating ABB Robotics ...
ZURICH, March 9 (Reuters) - ABB's (ABBN.S), opens new tab robotics business has partnered with Nvidia (NVDA.O), opens new tab to narrow the ‌gap between how industrial robots perform in virtual ...
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.
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 ...
Following SoftBank's acquisition of ABB's robotics business, the global industrial robot landscape has shifted from a European-Japanese balance to dominance by Japanese firms and China's Midea Group.
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 ...
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