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, July 2 (Reuters) - ABB (ABBN.S), opens new tab is launching three new families of factory robots designed specially for China, the Swiss engineering company said on Wednesday, as it aims to ...
As the saying goes — when life gives you lemons, you make lemonade. When life gives you a two-ton surplus industrial robot ...
Swiss industrial group ABB (OTCPK:ABBNY) plans to spin off its entire robotics division, the world's second-largest industrial robotics business. It generated sales of $2.3B in 2024, equivalent to 7% ...
Swiss conglomerate ABB is reevaluating plans to spin off its robotics division and is now exploring a possible sale instead, sources familiar with the matter said. The move represents a significant ...
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 ...
“A growing shortage of skilled labor requires the further simplification of automation and programming, especially among small and medium-size enterprises where complexity is seen as a major barrier ...
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, ...
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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