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 ...

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 ...

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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.

Swiss engineering company ABB said it is seeing strong customer demand, particularly from a surge in new data centers being built in the U.S. to process artificial intelligence. ABB, which makes ...

Earlier this year, Automation World interviewed Marc Segura, president of ABB Robotics and we asked him about the news that ABB was planning to spin off ABB Robotics as a stand-alone business. He said ...

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 ...

SoftBank Group jumped over 11% after it agreed to buy ABB's robotic division. Japan's Nikkei 225 reached a new high. South Korean markets were closed for a holiday. Hong Kong-listed shares of Hang ...

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 ...