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 ...
(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 ...
ABB (OTCPK:ABBNY) will divest its robotics division to SoftBank (OTCPK:SFTBY) for an enterprise value of $5.375 billion and not pursue its earlier intention to spin off the business as a separately ...
A new feature, called Ultra Accuracy, has been added to ABB’s GoFa cobot family to deliver what ABB says is “the highest level of precision available in cobots.” According to ABB, the robot path ...
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, ...
ABB Robotics has introduced the IRB 6700 robot family, its seventh generation of industry-leading, large industrial robots. The new IRB 6700 is available in payloads from 150 to 300 kg, and reaches ...
In 2026, major players like ABB, FANUC, and KUKA are still leading the way in factory robots. But new companies like Standard ...
• The new method will promote transparency, allow end users to make more informed decisions, and support the robotics industry to track and reduce the carbon footprint related to robot electricity ...
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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